Asda and News International broker Sunday Times deal

Asda and News International have brokered a new deal regarding The Sunday Times that resulted in the weekly newspaper returning to the supermarket's shelves, ending a week's stand-off.

The Sunday Times: back on sale in Asda
The Sunday Times: back on sale in Asda

Last week, Asda decided not to stock the Sunday Times after its parent company News International (NI) changed the terms of how much the supermarket is remunerated on individual copies sold.

NI had made the changes after lifting the cover price of the newspaper by 20p to £2.20.

Today both sides are claiming they have won in their head-to-head battle over the delisting of the Sunday Times.

Asda said the title is back on the shelves after News International had returned to the table with an "acceptable proposal".

But an NI executive told Media Week that it "sold to all retailers at the same price", and that it did not offer rates for individual supermarkets.

The mystery surrounding the return of the Sunday Times to Asda will not have escaped the attention of rival supermarkets Tesco, Sainsbury's and Morrisons.

If a deal has been struck with Asda then it would suggest the other supermarkets are losing out in comparison.

The Sunday Times was delisted by Asda's 260 stores after NI decided to keep 18.3p of the price increase for itself while offering retailers just 1.7p.

Asda said it should be receiving 5p, in line with the 25% share of the cover price that it was previously allocated. Following the price change, NI has reduced this proportion to 23.5%.

Have your say...

Before commenting please read our rules for commenting on articles.

If you see a comment you find offensive, you can flag it as inappropriate. In the top right-hand corner of an individual comment, you will see 'flag as inappropriate'. Clicking this prompts us to review the comment. For further information see our rules for commenting on articles.

comments powered by Disqus
Media Week Jobs
Search for more media jobs

Latest

Havas Media wins media account for investment firm Source

Havas Media wins media account for investment firm Source

Havas Media International has been appointed to handle the international media planning and buying account for global investment firm Source.

Share
Welcome to the age of brands as broadcasters

Welcome to the age of brands as broadcasters

With so many brands producing their own content to reach consumers in innovative ways, they will need to up their game significantly as expectations grow, says Mindshare's Adam Fulford.

Share
Mail Brands' first major ad deal features George Lamb in video for Seat

Mail Brands' first major ad deal features George Lamb in video for Seat

Mail Brands, the new commercial operation that brought together sales at the DMG Media's national newsbrand titles, has released its first partnership with a major brand since forming in July.

Share

Get news by email