Post new topic Reply to topic  [ 1045 posts ]  Go to page Previous  1 ... 66, 67, 68, 69, 70  Next
Author Message
 Post subject: Re: The Irish Newspaper Industry
PostPosted: Thu Mar 08, 2018 10:17 am 
Offline
Speculator

Joined: Feb 19, 2009
Posts: 412
lowiq wrote:
July to December circulation 2017: http://newsbrandsireland.ie/data-centre/circulation/

iLevel report here: http://www.ilevel.ie/media-blog/print/102971-irish-newspaper-circulation-july-dec-2017-island-of-ireland-report-2

Irish Times could dip below 60,000 the next time around.

It wasn't clear how to leave a comment on the blog.

The Indo claims 2700 digital subscribers all at the full rate.
The IT claims 17000 digital subscribers. Is there any breakdown of what rates they are paying at. Full, Crossword, Free student sub.
I remember this was a question left unresolved after the last report.

If you take out the 10% of bulks - copies the IT give away for free - the IT is already below 60,000. That's down from 120,000 in 2007. And long may that continue.


Top
 Profile  
 
 Post subject: Re: The Irish Newspaper Industry
PostPosted: Fri Mar 09, 2018 9:48 am 
Offline
Nationalised

Joined: Sep 29, 2010
Posts: 8760
Location: London, innit
Troubled Irish publisher Independent News & Media has reported a 32 per cent fall in profits for last year.

The company, which is 29.9 per cent owned by Irish telecoms entrepreneur Denis O’Brien, said profits before tax fell from €41.8m to €28.5m. Sales were down 9.4 per cent at €293m.

INM, which has changed both its long serving chairman and its chief executive in the last six months, has appointed EY, the consultants, to draw up a strategic plan. The board says the plan “will involve reshaping the business model to address the challenges faced by the industry”.

Industry experts say the company is considering introducing a pay wall for its online content.
[/quote]


Top
 Profile  
 
 Post subject: Re: The Irish Newspaper Industry
PostPosted: Fri Mar 09, 2018 10:39 am 
Offline
Under CAB Investigation

Joined: Jan 2, 2008
Posts: 1591
Sunday Business Post strategy dismays me greatly. I love it for business, insights into what is going on in sectors or across the country. The circa 30K circulation has not shifted in a long time. What's worse is the digital subscription. Altough we don't appear to get these figures anymore, they were in the region of 1-1,100 for a long time. The Hard paywall strategy is the second worst strategy for a paper after clickbait.
Subscribing to a newspaper is not an impulse buy. I would love to see the ratio of click and subscribe to those who close the page once hit with paywall. I'd speculate it's close to 99% who close given their stagnant numbers. I'd be brave enough to project a 1000% increase in digital subscriptions in twelve months with the right model and strategy. Easily. They would have to change their cost structure though as that is prohibitive too. People cannot reconcile paying more for a digital subscription than for purchasing physically on a weekly basis. It's that basic. Strategy has to represent value and the potential for scalability.

@Key Capital - Call me

_________________
“Never play chess with a pigeon.
The pigeon just knocks all the pieces over.
Then shits all over the board.
Then struts around like it won.”


Top
 Profile  
 
 Post subject: Re: The Irish Newspaper Industry
PostPosted: Sat Mar 10, 2018 10:55 am 
Offline
Speculator

Joined: Feb 19, 2009
Posts: 412
BertieInExile wrote:
lowiq wrote:
July to December circulation 2017: http://newsbrandsireland.ie/data-centre/circulation/

iLevel report here: http://www.ilevel.ie/media-blog/print/102971-irish-newspaper-circulation-july-dec-2017-island-of-ireland-report-2

Irish Times could dip below 60,000 the next time around.

It wasn't clear how to leave a comment on the blog.


News to me but Ghostery blocks Disqus comments.


Top
 Profile  
 
 Post subject: Re: The Irish Newspaper Industry
PostPosted: Sat Mar 24, 2018 10:20 pm 
Offline
Under CAB Investigation

Joined: Jan 2, 2008
Posts: 1591
Tom lyons reporting the following on twitter:

Director of Corporate Enforcement applies To High Court to appoint inspectors to investigate Denis O'Brien's INM

_________________
“Never play chess with a pigeon.
The pigeon just knocks all the pieces over.
Then shits all over the board.
Then struts around like it won.”


Top
 Profile  
 
 Post subject: Re: The Irish Newspaper Industry
PostPosted: Sat Mar 24, 2018 10:32 pm 
Offline
Under CAB Investigation

Joined: Jan 2, 2008
Posts: 1591
ixus wrote:
Tom lyons reporting the following on twitter:

Director of Corporate Enforcement applies To High Court to appoint inspectors to investigate Denis O'Brien's INM



https://www.rte.ie/amp/949882/?__twitte ... ssion=true

......In a statement INM said: "The Court may appoint an inspector to investigate the affairs of the company and report on those affairs to the Court, if the court is satisified that there are circumstances suggesting that the affairs of the company have been conducted in an unlawful manner or on certain specified grounds."

INM said it was taking legal advice on whether the ODCE would have grounds to make an appointment.

It said the appointment of inspectors could result in material costs for the company.....

_________________
“Never play chess with a pigeon.
The pigeon just knocks all the pieces over.
Then shits all over the board.
Then struts around like it won.”


Top
 Profile  
 
 Post subject: Re: The Irish Newspaper Industry
PostPosted: Mon Apr 16, 2018 6:05 pm 
Offline
Single Home Owner
User avatar

Joined: Dec 2, 2008
Posts: 181
Just came across this paper looking at the role of papers in the bubble before the crash 10 years ago.

It is called "The Irish Newspapers and the Residential Property Price Boom" and written by Ciarán Michael Casey of Oxford.

Quote:
Several academic commentators have argued that the newspapers intentionally talked up the Irish market because of the conflicts of interest that they faced, particularly arising from advertising and their organisational linkages. This paper argues that these factors have only limited explanatory value, and that the key determinant in the economics sections of the newspapers was their reliance on external expertise to augment their analyses. The article presents quantitative data demonstrating the enormous prevalence of articles written by and citing private-sector economists from organisations with direct stakes in the property market. These commentators were very unlikely to issue unreserved warnings about a crash, and in many cases made unduly positive forecasts with little empirical justification.


The link is below but you'll need an account or access via a university library: https://www.tandfonline.com/doi/full/10.1080/13563467.2018.1426562?scroll=top&needAccess=true


Top
 Profile  
 
 Post subject: Re: The Irish Newspaper Industry
PostPosted: Tue Apr 17, 2018 3:47 pm 
Offline
Of Systemic Importance
User avatar

Joined: Aug 20, 2009
Posts: 5194
lowiq wrote:
Just came across this paper looking at the role of papers in the bubble before the crash 10 years ago.

It is called "The Irish Newspapers and the Residential Property Price Boom" and written by Ciarán Michael Casey of Oxford.

Quote:
Several academic commentators have argued that the newspapers intentionally talked up the Irish market because of the conflicts of interest that they faced, particularly arising from advertising and their organisational linkages. This paper argues that these factors have only limited explanatory value, and that the key determinant in the economics sections of the newspapers was their reliance on external expertise to augment their analyses. The article presents quantitative data demonstrating the enormous prevalence of articles written by and citing private-sector economists from organisations with direct stakes in the property market. These commentators were very unlikely to issue unreserved warnings about a crash, and in many cases made unduly positive forecasts with little empirical justification.


The link is below but you'll need an account or access via a university library: https://www.tandfonline.com/doi/full/10.1080/13563467.2018.1426562?scroll=top&needAccess=true


Also see here

viewtopic.php?f=4&t=67302&p=928577&hilit=+role#p928577


Top
 Profile  
 
 Post subject: Re: The Irish Newspaper Industry
PostPosted: Tue Apr 24, 2018 4:44 pm 
Offline
Under CAB Investigation

Joined: Mar 31, 2009
Posts: 1909
Irish Times gets green light to buy Irish Examiner

Kinda undermines their (good) arguments in favour of media pluralism. Won't make them dominant compared to INM and its owner's stable of papers and radio stations but still...


Top
 Profile  
 
 Post subject: Re: The Irish Newspaper Industry
PostPosted: Tue Apr 24, 2018 8:58 pm 
Offline
Of Systemic Importance

Joined: Nov 4, 2011
Posts: 6017
Location: SthDub
How, how could they possibly get the green light for that!!!


Top
 Profile  
 
 Post subject: Re: The Irish Newspaper Industry
PostPosted: Tue Apr 24, 2018 9:10 pm 
Offline
Under CAB Investigation

Joined: Jan 31, 2009
Posts: 1602
Ixelles wrote:
Irish Times gets green light to buy Irish Examiner

Kinda undermines their (good) arguments in favour of media pluralism. Won't make them dominant compared to INM and its owner's stable of papers and radio stations but still...


The acquisition of Landmark by the IT is the right move and required. Landmark Media Investments, wno own the Examiner, are on their last legs. Circulation is down 66%+ from peak, advertising revenue has collapsed and they are struggling under high debt. They either went to the wall or gained part of the bigger more viable media group. The CCPC made the right decision. Hopefully the BAI and government also do.


Top
 Profile  
 
 Post subject: Re: The Irish Newspaper Industry
PostPosted: Tue Apr 24, 2018 10:50 pm 
Offline
Too Big to Fail

Joined: Apr 4, 2010
Posts: 4718
Given that the total readership for Irish newspapers is heading towards two men and a dog, I'm not sure it makes much difference one way or another.

_________________
People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices.


Adam Smith, An Inquiry into the Nature and Causes of the Wealth of Nations
Book I, Chapter X, Part II,


Top
 Profile  
 
 Post subject: Re: The Irish Newspaper Industry
PostPosted: Wed Apr 25, 2018 9:23 am 
Offline
Under CAB Investigation

Joined: Mar 31, 2009
Posts: 1909
Wonder if they will merge some functions - ad sales and print, for a start. But what about newsrooms? Would the Examiner just become the Irish Times with a Munster accent?


Top
 Profile  
 
 Post subject: Re: The Irish Newspaper Industry
PostPosted: Wed May 23, 2018 2:28 pm 
Offline
Under CAB Investigation

Joined: Mar 31, 2009
Posts: 1909
Stephen Rae out @IMN

Wonder if he'll stay on at the EU High Level Group on Fake News
Ming Flanagan is already asking parliamentary questions in the European Parliament since the ODCE raid. It would be a bit weird if he stayed on the fake news group without having any other standing.


Top
 Profile  
 
 Post subject: Re: The Irish Newspaper Industry
PostPosted: Tue Jul 31, 2018 2:19 pm 
Offline
Of Systemic Importance
User avatar

Joined: Aug 20, 2009
Posts: 5194
Fianna Fáil proposes State funding for newspapers

https://www.rte.ie/news/politics/2018/0 ... s-funding/


Top
 Profile  
 
Display posts from previous:  Sort by  
Post new topic Reply to topic  [ 1045 posts ]  Go to page Previous  1 ... 66, 67, 68, 69, 70  Next


Who is online

Users browsing this forum: No registered users and 8 guests


You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum

Jump to:  

Click for Latest Posts LATEST POSTS Click for Forum List FORUMS   

Follow, Retweet @dailypinster

  

Pyramid Built, Is Better Built!