Newsline

The sharpest opinion and analysis in the media industry. Find out more.

Electronic trading - where are the national press?

12 October 2012 by Stuart Corke
Tags
Agencies
Broadcast
Electronic Trading
National Newspapers
News International
Categories
Agencies
Press

MediaTel's 'Electronic Trading Debate' heard about developments with advertising systems for broadcast media but wanted to know what stage the national press had reached in developing more efficient workflows?

Steve Bottomley, business services director at News International said, "NI is one year into a three year transformation programme to change the way they worked so as to release sales people from administrative tasks and release traders from managing day to day insertions".

Bottomley said he was bemused why it's taken press so long to make any progress on this issue. Broadcast had started their journey 15 years ago; he was there! "We need to do the same in print but we do have a lot of legacy problems to solve", he admitted.

Bottomley continued by saying that "it is a myth that agency income streams are seen as a block on any development in this area". Business that has been queried and uninvoiced business is believed to help agency cash flow and is termed 'grey money'. Bottomley said, "this will be eradicated eventually".

Bottomley was asked if the national press were together on this issue?

"The aim is to co-operate. NI does have its own agenda which is not unreasonable. The timeline on this needs to be shorter. The challenging part is changing culture and physically getting off our backsides" stated Bottomley.

News International's ambition is to have a solution ready for the start of 2014 but it will work on an industry solution if this is progressed.

What do you think?

Leave a comment at opinion@mediatel.co.uk

Don't forget to include your name, position and company.
Newsline may edit your comments and not all will be published.

Data Diary

More
National Newspapers
12:00  12 Jul 2013June 2013
12:00  12 Jul 2013June 2013
12:00  9 Aug 2013July 2013
12:00  6 Sep 2013August 2013
Consumer Magazines
12:00  15 Aug 2013January - June 2013
Regional Newspapers
12:00  28 Aug 2013January - June 2013
More
Topline Figures
16 Aug 2013June 2013
16 Aug 2013June 2013
15 Nov 2013September 2013
14 Feb 2014December 2013
More
Readership Breakdowns
More
RAJAR Release
1 Aug 2013Q2 2013
1 Aug 2013Q2 2013
24 Oct 2013Q3 2013
6 Feb 2014Q4 2013