Even though Facebook is not a producer of news, 6.5 million UK internet users claim to mainly source their news from the platform. Posts and shares by friends in the user's network, in the context of Facebook's algorithm, determine the order of stories in the personalised News Feed, removing the control of the news agenda that publishers have for their websites
Since Communications Act 2003, the number of national news outlets supplied on broadcast and in print has been stable. Adoption of multi-channel TV, supported by Freeview, has augmented the number of homes accessing on a free-to-air basis five "all news" channels (BBC News, BBC Parliament, Sky News, CNN, Russia Today), with many more all news channels served on pay-TV platforms
Douglas McCabe was quoted in an article on Glamour magazine, which announced yesterday that it would relaunch as a “digital first” beauty brand, with its final monthly magazine coming out next month. Although the Condé Nast title will publish a “collectible” edition every six months, the new direction reflects alarm within the publishing industry about the long-term future of beauty and celebrity magazines. Douglas said “circulation has been declining very rapidly across magazines generally but the women’s sector in particular, really since the smartphone became mass market.”
Douglas McCabe was quoted in an article on the magazine world, where even the most prestigious titles have been challenged by the never-ending penetration of the internet and its abundance of free news and entertainment. With circulation and advertising revenues under pressure on both sides of the Atlantic magazines are facing an increasingly uncertain future. In fact, Magna Global, a media buying agency, expects magazines’ global advertising revenues to fall 13 per cent this year, while Enders Analysis, a media research group, has warned that the consumer magazine market was reaching “an existential threshold”. Douglas said “the industry is shrinking, and the decline seems to be accelerating both in circulation and in advertising — for print and online”. In the longer term, magazine publishers still have to work out what to do about the internet. He added “the way print advertising always worked was advertisers would pay for a magazine’s audience but also for the environment and the context”, but online magazines “have nothing like the same context and resonance” because a reader might stumble across an article on Facebook or Twitter and then immediately go somewhere else. Publishers, he says, have been “chasing a myth about digital advertising. In print they might have 100,000 readers while online they can get 10m. But that’s irrelevant because the 100,000 are the right 100,000 and more valuable”. Online advertising rates continue to lag print rates at their peak so in chasing large online readerships, magazines have “diluted the very essence of their brand . . . they have lost sight of what audience targeting really means”.
The Federal Communications Commission’s Privacy Order (FCC) was overturned by the Senate, clearing the way for ISPs to ramp up consumer data-driven advertising revenue
While Google and Facebook dominate digital advertising in the US as in other markets, the US is alone in removing regulatory barriers to ISPs taking a piece of the pie
US ISPs now have a self-regulatory regime for consumer rights on transparency, security and data breaches; but in the UK and EU, privacy advocates prefer enforceable rights
In a challenging digital marketplace, publishers face a crisis of purpose. To navigate the turbulent seas, publishers must invest more in their brands and the industry as a whole must innovate
Consumer engagement, previously held by magazines, has sailed to social media where young influencers across Instagram, YouTube and Snapchat challenge established norms of content discovery and curation
Evidence is mounting that the consumer magazine market is reaching an existential threshold. In this two-part overview of the UK consumer magazine marketplace we address the need for industry collaboration and brand innovation.
The print market is seeing sector-wide declines and the real structural fallout has only just begun; a supply chain review is urgently required.
European mobile service revenue growth witnessed a rare growth spike this quarter, rising to 0.5%, likely due in large part to the reduced impact this quarter from the European roaming cut regulation, but also helped by a slight softening of MTR cuts and continued ‘more-for-more’ price increases
This roaming regulation holiday will end next quarter and the full impact of ‘free roaming’ will be felt, thus the spike in mobile service revenue growth is likely to more-than-reverse
Tom Harrington was quoted in an article on the new ITV current affairs programme set to rival BBC Newsnight. Tom said: “For some time, the 10pm to 11pm slot has been an unsettled and comparatively underperforming one for ITV. On weekdays from 9pm to 10pm, its main channel commands over 13% of all TV viewing but that drops to less than 8% between 10pm and 11pm. The very public failure of The Nightly Show, its attempt earlier this year at a US-style late-night talkshow was the latest piece of inconsistent scheduling.”
Mobile service revenue growth continued to improve on a reported basis, but most of this improvement came from a significant dip in the MTR cut drag. EE remained the leader in terms of service revenue growth, with both the strongest ARPU growth and robust contract net adds