People magazine editor Dan Wakeford: Instagram is our ‘biggest rival’… but celebrities still clamber to be on our cover
Circulations of celebrity magazines like Heat have plummeted in the UK in recent years in the face of digital competition…
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News of the World closure ten years on: How hacking scandal cost Murdoch’s UK tabloid business £1bn
The phone-hacking scandal and subsequent legal issues have cost Rupert Murdoch’s UK publishing business more than £1bn ($1.4bn), an investigation…
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Evening Standard posts £17m loss but says digital transformation ‘already showing positive results’
The Evening Standard has reported a £17m loss after Covid-19 more than halved its revenues between April and September last…
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Richard Desmond leaves UK media market after 47 years with sale of Reach shares
Richard Desmond, the former Daily Express, Channel 5 and porn mogul, has sold his shares in Reach, meaning he has…
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Quintopoly? Five tech companies now earn 46% of global ad revenues as news media left behind
Five tech companies today account for nearly half of the world’s advertising revenue, a report has found. Google, Facebook, Alibaba,…
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Buzzfeed tells investors it expects to become a $1bn-revenue business in three years as it prepares to go public
Buzzfeed expects to become a $1bn-revenue business within three years, newly-published investor documents show. The projection was made as the…
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The Economist grows subscribers by 9% to 1.1m in 2020/21 and pays back furlough cash
The Economist says it has reached 1,122,000 subscribers following record growth of 9% in the year to the end of…
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Exclusive ranking: The top 25 most popular US/Canada magazines on Apple News+
US celebrity magazine People is the most-read magazine brand on Apple News+, figures obtained by Press Gazette show. In the…
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