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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.

This is also our place to ruminate and comment on the world as we see it, we hope you enjoy and please join in.

Thursday, 13 November 2008

"The great disappearing ad revenue and headcount adventure - Part 2"

It didn't take as long as I thought it would do for "TGDARAHA" to return, a matter of only 45 minutes.....

Haymarket has just cut 50 jobs across the business.

Though in better news for staff, mediaguardian is reporting that NI has rebuffed a truce offer from DMGT over the London freesheet wars. Any truce would undoubtedly have led to further job losses.

This said, given how bad the ad market is for paid titles, let alone free newspapers, it can only be a matter of time before there is some sort of consolidation or deal between NI and DMGT. Can't it?

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