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Future reports pre-tax loss but digital revenues surge

John Reynolds — Tue, 22 May 2012 08:51:00 GMT

Future, the specialist magazine publisher, has reported a pre-tax loss of £700,000 in the six months to March 2012, but said digital revenues have surged by 37% as it becomes a more digital-centric business.

Hubert Burda sells Love it! And Full House! magazines

Nick Batten — Thu, 17 May 2012 11:30:00 GMT

13.15 UPDATE: Hubert Burda Media UK has sold real-life titles, Love it! and Full House!, to a start-up called Pep Publishing Ltd that is majority-owned by Hubert Burda Media UK chief executive Luke Patten.

PPA Conference: Digital takes up 80% of our time, says Hearst's Dolphin

Daniel Farey-Jones — Wed, 09 May 2012 15:53:00 GMT

Although print accounts for 80% of Hearst's revenues, the publisher is spending 80% of its time on the "huge potential" of digital, according to Ella Dolphin, publishing director of Hearst Magazines UK's young women's group.

Media industry reacts to Sly Bailey's exit

John Reynolds — Fri, 04 May 2012 14:45:00 GMT

Sly Bailey's exit from her role as chief executive at Trinity Mirror after 10 years at the publisher has surprised few in the industry, as the embattled chief executive has faced mounting criticism over her remuneration while the publisher continues to shed jobs.

Neil Jones to take commercial VP role at AOL Advertising Group

Arif Durrani — Wed, 02 May 2012 09:10:00 GMT

Neil Jones, the former Carat managing director, is poised to take a full-time role as vice president of commercial at AOL Advertising Group, following a consultancy stint.

GMG Radio closes Channel M after 12 years

Maisie McCabe — Tue, 17 Apr 2012 09:18:00 GMT

GMG Radio closed its Manchester-based local TV station Channel M yesterday (16 April), blaming the Government's plans for local TV for failing to provide a structure that would have enabled it to provide a "commercially viable" service.

STV forecasts 4% TV ad revenue decline in Q1

Maisie McCabe — Thu, 23 Feb 2012 12:23:00 GMT

STV, the channel-three licensee in Scotland, has forecast its TV ad revenues will be down 4% year on year in the first quarter, as it reports a pre-tax loss of £900,00 after it was hit by the cost of a legal dispute with ITV.

Trend report: Can media help save the high street?

Mark Banham — Wed, 01 Feb 2012 16:36:00 GMT

We are just over a month into the year and have already seen the stores La Senza and Peacocks fall into the hands of the administrators. Mark Banham talks to the media industry to gauge how it is planning to address retail challenges to help rescue the high street.

Guardian's chief rules out 'closing in and having a paywall'

Arif Durrani — Wed, 01 Feb 2012 08:30:00 GMT

Andrew Miller, chief executive of the Guardian Media Group, has ruled out erecting a paywall as he tries to stem £40m in annual losses with an ongoing restructure and redundancy programme, although he admitted "things may change".

Yahoo bolsters sales team with strategic hires

Sarah Shearman — Thu, 26 Jan 2012 09:23:00 GMT

Yahoo has boosted its UK sales team with five new hires, including account group leaders, in the first raft of appointments since its major restructure in August last year.