DMGT Trading Update
The Daily Mail and General Trust released the following trading update yesterday:
The newspaper business was built for a world where one product served everyone and advertising paid for most of it. That model has gone. What replaces it is still being worked out title by title, from national groups to weeklies covering a single town.
Reader revenue is the clearest shift. Even Reach, which argued for free access for years, now puts some of its journalism behind a paywall, and the regional titles doing best changed their newsrooms before they asked anyone to pay. Ownership keeps changing too. National World rebuilt local editorships after years of centralisation, and the Observer is being reinvented as a premium print and digital title under new owners.
The strongest publishers understand the difference because they are not trying to be everything to everyone. They are trying to be essential to someone.
Chris Sherrard News media
Local news is where the pressure shows most. Millions of people now live without a dedicated local title, and new reader-funded and membership startups are moving into the gaps. Platforms are pulling back from news at the same time, which leaves trust and a direct relationship with readers as the assets that matter most.
Print hasn't disappeared either. Well-run weeklies still hold on to their readers, with circulation falling slowly while digital audiences grow.
Below you'll find some of our best feature articles on news media, from reader revenue and newsroom change to ownership, local news and trust, alongside our latest news and industry commentary.
Where is the growth opportunity for today’s publishers? Douglas McCabe tracks how the commercial model has evolved over the past fifty years and examines whether a better understanding of what online audiences want, will help drive future growth.
We asked Chris Sherrard, editor-in-chief of The Irish News, what does best practice publishing look like in news media? This is what he said…
After years of resisting paywalls, Reach is now launching them across its titles. But David Higgerson, Reach’s chief content officer, carefully avoided the word ‘U-turn’ when interviewed by Steve Dyson.
It’s one thing to think that readers should pay for your journalism, but the reality is that unless you improve your offering, then you will struggle to start charging for it, as DC Thomson Editor-in-Chief Frank O’Donnell tells Ciar Byrne.
How can you edit a regional newspaper when you never visit the area you’re writing about? By filling it with generic content, an approach that National World’s David Montgomery, the new owner of JPI Media, is rapidly doing away with.
Ray Snoddy talks to Co-CEO Rich Furness about the thinking behind Tortoise Media’s acquisition of the world’s oldest Sunday newspaper and about their plans for its future.
What’s the outlook for national news media in 2024? Christian Broughton, CEO of The Independent, looks ahead.
There is a new generation of entrepreneurs launching local media businesses, bringing with them new ideas on business models and funding. Phil Clark looks at some of the stand-out examples.
With Meta backing away from ‘news’ and AI accelerating the growth of disinformation, we need to redouble our efforts to safeguard access to quality journalism, says News Media Association Chief Executive Owen Meredith.
East Lothian is not just the best place to live – it has the best newsbrand too. Alan Geere heads over the border to find out what’s happening in the world of Scottish weeklies.
The Daily Mail and General Trust released the following trading update yesterday:
The Press Complaints Commission has upheld a complaint about an entry by Rod Liddle in his blog for the Spectator.
Following a meeting with the Newspaper Publishers Association (NPA), the BBC Trust has confirmed that it has asked the BBC Executive to delay the launch of its range of free mobile applications while the Trust undertakes an assessment of the potentia
FindaProperty.com is confirmed for the second year as a lead partner in the McDonald's Easy Win Monopoly nationwide promotion.
The Fulham and Hammersmith Chronicle has launched a campaign to oppose the current publishing strategy of Hammersmith & Fulham Council.
Independent News & Media PLC (INM) has announced the disposal of The Independent and The Independent on Sunday to Independent Print Limited (IPL), a company controlled by the family of Mr Alexander Lebedev.
Guardian Media Group plc (GMG) has announced that chief executive Carolyn McCall is to leave the business.
The Press Complaints Commission has upheld complaints against the Nottingham Evening Post and the Leicester Mercury under Clause 6 (Children) of the Editors' Code of Practice.
Titan Publishing’s WWE Heroes comic series hits newsstands this week, with an exclusive free prequel story launching on the iPhone!
InPublishing has launched a free iPhone app of its March / April 2010 issue.
Digital Technology International (DTI) has announced that DC Thomson & Co Ltd, based in Dundee, is installing its DTI Circulation solution.
WAN-IFRA and the World Editors Forum have condemned a "draconian" fine and a distribution ban imposed on the Respublika newspaper in Kazakhstan and called on the country to respect international norms of freedom of expression.
Bauer Media have recruited James Eppinger to the newly created role of Agency Group Head, Digital.
Will 2010 be the year of deals? Certainly it’s that time in the cycle, says Jim Chisholm, when the accountants get their slide rules out and covet thy neighbours’ assets.
The results from the annual Organisation Census released yesterday by the Association of Online Publishers (AOP) show the industry is optimistic for 2010.