London hosts global media expansion as US companies beef up presence

New York Times leases Bloomsbury office space, Buzzfeed UK expands and HuffPo growth continuesJudging by the summer filler columns of the national press, glimpsed tantalisingly through paywalls and Facebook-boosted posts, London ought by now to be a deserted wasteland of empty houses and dying businesses. The Detroit of the UK, waiting to be reclaimed by the Thames Estuary, as all its citizens flee for better lives in far-off places like Brighton, pausing only to write 600 words on the vexed and important subject of moving house. However, for every “why I am leaving London” article (and there are many), the news publishing industry itself is doing anything but.In one of the most closely watched developments in web publishing, the New York Times is expanding its European presence in general and its London presence in particular, after leasing new office space in Bloomsbury, to accommodate up to 100 staff, and adding significant new numbers on both editorial and commercial sides of the business. Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2015-07-12 00:00:00 UTC ]
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