Poor Fail2

[vetran]

DMGT, publisher of the Daily Mail and Mail Online, sees share price fall nine per cent after company issues profit warning as supermarkets cut costs on print advertising | City A.M.

Shares in DMGT fell by nine per cent today after the Daily Mail publisher reported a double-digit decline in print advertising led by cost-cutting supermarkets.

DMGT issued a profit warning after its DMG Media division – which houses the Mail and Metro newspapers as well as Mail Online and makes up around a third of turnover – reported a four per cent decline in revenues to £358m in the six months to 31 March.

 

[DimPrawn]

 

[OwlHoot]

Can't see most of the dead wood national press lasting more than a year or two now.

I gather the Guardian has just announced it is stopping production of hard copy newspapers.

What on Earth will all those PC-averse pensioners do?

 

[vetran]

Can't see most of the dead wood national press lasting more than a year or two now.

I gather the Guardian has just announced it is stopping production of hard copy newspapers.

What on Earth will all those PC-averse pensioners do?

what will their budgies tulip on?

 

[bobspud]

This has been on the cards for 20 odd years. The thing that I find amazing was how totally blind the papers seemed to be about it.

Even in the 90s the model for places like the mail was that the Advertising mostly funded the paper with little revenue coming from the price. Yet the sales teams that earned all the revenue were treated like tulipe compared to the writers. I haven't had a print paper for years but I still can bring myself to pay for the times or telegraph online