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We live and work in exciting times - revolutionary times. Technology continues to recast the media industry.

The extraordinary advance of affordable personal digital technology and the stellar rise of social networks are both distrupting and transforming the media market making this a unique moment to be involved in the convergence sectors we focus on.

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Wednesday 27 August 2008

(bad) News Digest 28th August

Heres todays (bad) news digest from Print & Publishing sector.

Half-yearly profits tumbled 35.6% at the Independent and Independent on Sunday titles due to challenging trading conditions and poor consumer confidence, the papers' parent company said today.

The People has suspended its sports editor, Lee Horton, over alleged 'financial irregularities'

Johnston Press has said advertising revenues have slumped 21% year on year in the first seven weeks of the second half of 2008

Any good news anyone?
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