Daily Mail writes down Elite Daily investment, FT digital revenues beat print and Adblocking on the decline in Germany: this week in media

Daily Mail writes down Elite Daily investment, FT digital revenues beat print and Adblocking on the decline in Germany: this week in media

Daily Mail write down their investment in Elite Daily

According to its most recent financial reports, the UK’s Daily Mail has made a $31 million write down of its 2015 Elite Daily acquisition, valuing the Facebook publishing business worthless.  Read more on Recode >>

Financial Times books more digital revenues than print

The Financial Times has revealed that its digital revenues now out strip print revenues.  The FT’s total paid circulation now stands at 843,000, with 3/4 of these being digital only subscribers.  Read more on Guardian Media >>

Adblocking in decline in Germany according to new data

According to German media trade body Bundesverband Digitale Wirtschaft, desktop ad blocking was down to 19.1% from 21.2% a year previous, indicating that the various initiatives taken by German publishing groups is starting to make a difference.  Read more on WSJ >>

Buzzfeed UK vote for Union representation

The 80+ Editorial staff from BuzzFeed UK have requested union recognition for the workplace under the National Union of Journalists (NUJ), as BuzzFeed CEO Jonah Peretti asks for an open dialogue before final decisions are made.  Read more on Buzzfeed >>

Facebook copies Snapchat, and creates ‘Collections'

According to a leak from Business Insider, Facebook is working on a new feature, similar to Snapchat ‘Discover' that will showcase lists of curated content from publishers directly in the News Feed.  Read more on Business Insider >>
 

FT cake photo thanks to Sarah Marshall on Flickr 

The highest growth media companies in Europe - by revenue

The highest growth media companies in Europe - by revenue

The worst performing media companies in Europe - by revenue growth

The worst performing media companies in Europe - by revenue growth