Hearst UK prepares for Covid-19 to eat ‘large proportion’ of cash resources after losses of £2m in 2019
Covid-19 losses at Hearst UK will eat up a “large proportion” of the magazine publisher’s cash resources. But the publisher…
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Public Interest News Foundation says it has ‘set model’ for what charitable journalism could look like
Grant funding “has to be part of the long-term picture for journalism”, according to the head of the Public Interest…
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Media in developing countries helped to diversify after ad revenue ‘destruction’ of up to 85%
Reputable media organisations outside the G20 are being offered support to transition to a subscription-based business model after the potential…
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Digital subscriber growth boosts profits at Telegraph in 2019, full-year results show
Telegraph Media Group grew its digital subscription revenues by half to £17.8m in 2019, which it says shows the success…
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Guardian journalists pass motion against ‘panicked’ job cuts that ‘undermine’ good employer claim
Guardian journalists remain unconvinced by the publisher’s strategy to cut costs, which they deem a “panicked reaction” to losses brought…
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Politicians say ‘avalanche of redundancies and paper closures’ in regional media next month if furlough scheme ends
Welsh politicians fear an “avalanche of redundancies and newspaper closures” in regional media unless the UK Government extends the furlough…
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Content suggestion platforms Taboola and Outbrain cancel merger
Plans for a merger between content suggestion platforms Taboola and Outbrain have been called off. The deal was facing an…
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Business publisher Euromoney proposes 240 job cuts after Covid-19 hit to events
B2B information provider Euromoney is proposing to make more than 10% of its global workforce redundant due to the impact…
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