MacArthurGlen Group has appointed the7Stars to run its full UK digital media business. Wavemaker will continue to its handle European operations.
Profits nearly halve at Mirror and Express owner Reach as ad revenue falls
News publisher Reach has seen a drop in advertising revenue significantly impact its pre-tax profits, which have almost halved as result.
Vice Media to lay off hundreds and cease online publishing
Vice Media is set to lay off several hundred employees and will cease publishing content via its website. This follows long-running financial issues.
The Guardian ‘braced for cuts’ as ad revenue plunges
The Guardian is forecasting a £39 million full-year loss, as the advertising downturn continues to hit publishers.
Omnicom reveals better-than-expected Q4 and FY2023 results, despite ongoing economic pressures
Omnicom Group has revealed better-than-expected Q4 and full-year 2023 results despite a range of global economic pressures.
Newsquest to give away £6m in free advertising to leading charity
Newsquest is set to give away £6 million-worth of free advertising across its extensive news portfolio in support of the NSPCC’s 140th anniversary
Immediate Media names new CEO
Publishing powerhouse Immediate Media has this week named Sean Cornwell and Tom Bureau as its new CEO and chairman respectively in a major shake-up.
British Basketball League appoints new chief content officer
The British Basketball League has appointed Jose Garnes as its new chief content officer.
UK media inflation to reach 3.8% in 2023 according to new report
UK media inflation is set to reach 3.8% in 2023, down from 4.0% last year according to a new report released by consultancy firm ECI Media…
Navigating uncertain times: 5 marketing essentials to keep brands thriving
Kantar EVP of global thought leadership Jane Ostler has created five marketing imperatives to help steer brands in the right direction for 2023.