Media business
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Top stories
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The planned redevelopment of News International's Wapping site is to be delayed indefinitely because of the economic downturn. By Ben Dowell
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BSkyB is to raise $600m in a bond issue to institutional investors to provide funding for activities including possible acquisitions and the refinancing of debt. By Mark Sweney
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Radio group UBC Media has blamed an 'extremely challenging' few months for a 15% decline in revenue for the six months to September 30. By John Plunkett
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Emap, publisher of titles including Broadcast and Drapers, is cutting up to 40 jobs from its business magazine division in a bid to cut costs. By Mark Sweney
Most recent
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Nov 21 2008:
How the economic downturn has led to staff cutbacks at media companies
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Nov 21 2008:
Daily Mail & General Trust has launched a programme to shave almost £100m in costs. By Chris Tryhorn
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Nov 20 2008:
The Irish Times is axing up to 60 jobs as part of a cost-cutting programme, as it faces an 'accelerating crisis in the market'. By Caitlin Fitzsimmons
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Nov 20 2008:
Daily Mail & General Trust has unveiled a £100m package of cost cutting and revenue boosting measures to protect its bottom line. By Mark Sweney
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Nov 14 2008:
Vincent Bolloré's French marketing services company Havas has endured a torrid third quarter of 2008, with organic growth dropping to just 1.5%. By Mark Sweney
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Nov 14 2008:
Trade magazine publisher Centaur Media has become the latest media company to be hit by the deteriorating economic situation, reporting a double-digit plunge in group revenue. By Caitlin Fitzsimmons
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Nov 14 2008:
The owner of digital radio station Gaydar and social networking site GaydarNation is to axe a quarter of the staff. By Leigh Holmwood
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Nov 14 2008:
In part, British consumers are to blame for job losses announced this week in communications industry
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Nov 14 2008:
Advertising revenues fall by a fifth for owner of five national newspapers and more than 150 regionals says
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Nov 13 2008:
Reed Elsevier is set to meet its goal of £15m in cost savings in 2008 as well as improved revenue, the publisher revealed in a trading update today. By Caitlin Fitzsimmons
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Nov 13 2008:
Magazine publisher Haymarket has axed about 50 jobs across the company in response to worsening market conditions. By Caitlin Fitzsimmons
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