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BRIEFS: HMV to open its first concession

HMV is to open its first concession in Selfridges' Oxford Street store. The 7000 sq ft concession will include state-of-the-art listening posts and a range of music, video, DVD and games titles. ...

Slump sees NI and Pearson make cuts

, yesterday revealed advertising revenue at the FT would fall by almost half this year. The company, which ... FT.com and its other online operation FT Marketwatch. Meanwhile, at Rupert Murdoch's News ... in advertising volumes. Pearson meanwhile said there had been a "dramatic" fall in income at the FT ...

Pearson set to lay off 14% at the FT

The news comes as Pearson issued a nine-month trading statement, which revealed it expects profits from the FT Group to be down 40% on last year. According to Pearson, it hopes to make the job cuts through a mixture of early retirement and voluntary redundancy. There is no word on whether ...

Media shares benefit from market surge

One of the surprise winners was Pearson, which, on the back of an announcement that profits at the FT Group are expected to fall by 40%, saw its share price rise by as much as 6% to 772.5p, before falling back to 749p, still up 3.1%. Another troubled media group Reuters, which yesterday ...

Pearson to take full control of FTMarketWatch

to take full control of FTMarketWatch.com and integrate the stock market news and analysis site into FT.com....their jobs following the agreement to take full control of the site and integrate it with FT.com. The news follows Pearson's announcement earlier this morning that profits at the FT Group are likely to be 40% lower than last year. Steven Hill, CEO of the FT Group, said, "We have said that our FT ...

Pearson says FT profits to fall by 40%

LONDON - Pearson, publisher of the Financial Times, is predicting that profits at its FT Group...". In a trading statement, it warned that as well as the FT Group's predicted fall in full-year profits ... Echos , FT Deutschland , as well as The Economist , were down significantly, Pearson said ... has already said it is to cut back its 150m online spending, is likely to cut staff at its FT ...

The451.com announces closure

, competing against the likes of FT.com and Silicon.com, and failed to gain enough subscribers to survive ...

Designer Paul Smith tops FT creative poll

LONDON - Sir Paul Smith, the British fashion designer, has topped the Financial Times Creative 50 poll of the most creative business people in the UK's media, design and communications industries.

MEDIA BRIEFS: Fortune magazine to publish rankings

FORTUNE: Fortune magazine will publish a ranking of the top 50 most important women in international business in its 15 October issue. For the first time it has been expanded outside the US. Marjorie Scardino, CEO of FT-owner Pearson, is ranked top. ...

NEW MEDIA: WEB WATCH - FINANCIAL SITES

Rank Site Address Latest monthly page impressions (millions) 1 Wall Street Journal wsj.com 57.7 2 FT.com ft.com 40.0 3 Advanced Financial Network advfn ...

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