Media
Davíd Oddsson, Iceland's longest serving Prime Minister and until recently head of the Central Bank, has been hired to edit Morgunbladid, the country's newspaper of record. I wonder if ever there was a better trick for loosing readers quickly. In the name of accuracy, it must
Media
On the face of it this sounds like a truly miraculous story amidst all the current doom and gloom of the newspaper industry: Danish local Randers Amtsavis is unable to deal with the rush of new subscribers, reports Journalisten.dk. Almost 2000 new subscribers since mid-July is forcing the paper
Media
'One great gap separated the advocates or charging for online content from all others, and that was its lack of recognition, its lack of respectability in the eyes of the public, and even in the most advanced circles.' Then, in April, Rupert Murdoch stepped forward and said readers
Finance
Björgólfur Gudmundsson is not only a bank chief in hot water,as The Telegraph describes him today: with his bankruptcy an era in Icelandic media history comes to an end. Now that both Jon Asgeir Johannessen's investment vehicle Baugur and Björgólfur, also the former owner of West Ham
Acquisitions
Metro International divests Italian operation but enters into franchise agreement to maintain global advertisment reach. I was going to call his post "Metro International shrinks further", but felt depressed about the prospect of writing yet another gloomy post on newspapers when it struck me that isn't
Media
Is Mecom on the road to hell? Today former Mecom-optimist, media analyst Henrik Schultz, told a colleague of mine he had yet to recover his faith in the pan-Europaen newspaper company despite the rights issue completion, which reminded me of a recent Danish Mecom controversy with an interesting twist: Ealier
Media
Some believe "confidence is creeping back on the menu" at adlands lunch tables, which should also benefit of the starving media hounds so dependent on those almighty ad masters in the end, but, so far, not much evidence of that is forthcoming. For one, as the first media
Books
"A system of credit is like a great spiderweb - you cannot see it until you are trapped within it, and you cannot see the spider until she dangles above you, poised to devour." Now here's a description that fits like hand in glove for the
Media
I can't resist sharing this intriguing version of Miss American Pie (The year the media died) here. I found it via Peter Kirwan and Adam Tinworth, so have a suspicion it's been making the rounds online recently - but I've been rather handicapped this
Finance
So, Mecom boss David Montgomery has pulled it off again: another covenant extension, his fourth this year, and prospects of raising new equity to the tune of £140 million, despite presenting grim preliminary financial results for 2008 this morning. Yet it seems the company is still treading water, and yesterday
Blogging
At least I hope today's news about Press Gazette being saved after a buyout by New Statesman owner Progressive Media (via Journalism.co.uk), implies that I will be able to continue following those blogs. I'm also, of course, happy for the staff who get to
Finance
Today, Wilmington Media announced that Press Gazette, the UK’s journalism trade mag, will be closing. In a statement this lunchtime, proprietors Wilmington Group announced that next month's edition of the magazine would be the last hard copy edition, reports Holdthefrontpage. Dave Lee, from whom I, stuck for