Fourth-quarter figures for newspaper and magazine advertising have made it clear that the decline of print advertising is going to continue in the coming years. In 2012, total newspaper print ad revenues dipped 8.5% to $18.9 billion, according to the Newspaper Association of America. That compares with a peak value of $47.4 billion in 2005, meaning that print advertising has suffered a 60% drop over just seven years, with 27 quarters of year-over-year declines.

Samsung’s Galaxy S4 has hit 10 million shipments just one month after its release. The company announced its latest milestone today just eight days after confirming that it had shipped over 6 million units of the S4 since its launch on April 26th. According to Samsung, this is its fatest selling device, as this latest entry in the Galaxy series has sold much more quickly than its predecessors. The Galaxy S4′s milestone beats the record set by the Galaxy S3, which reached 10 million channel sales 50 days after its launch in 2012. [Read more]

BPG Cohn & Wolfe is looking to expand its regional footprint now that the company has the backing of the US-based Cohn & Wolfe communications agency. Cohn & Wolfe, which is wholly owned by the UK-based agency WPP, has completed the acquisition of a minority stake in BPG PR, part of the BPG Group based in Dubai. "As new business flows in, we will be expanding. We have associates in place in some countries, but we are looking at establishing our own offices in Egypt and in Lebanon," said Nitin Puri, the chief executive at BPG Cohn & Wolfe. [Read more]

Yahoo has announced that Flickr has been completely redesigned, featuring high-resolution images and 1 terabyte of free storage for all users. In addition, Yahoo shared that it is releasing a new Android app, similar to the company’s latest iPhone app. Speaking at Yahoo’s press event, CEO Marissa Mayer stated that “we want to make Flickr awesome again.”