CN owner Future Publishing reports £19m loss
Picked this up via Peter Cossins and the Guardian newspaper on Twitter.
Source: http://www.guardian.co.uk/media/2011/nov/24/future-reports-19m-loss
Ouch! Any risk to the CN website?
Hmm, maybe FP's websites represent the best assets they've got!
Picked this up via Peter Cossins and the Guardian newspaper on Twitter.
Source: http://www.guardian.co.uk/media/2011/nov/24/future-reports-19m-loss
Ouch! Any risk to the CN website?
We are migrating the US business to a predominantly digital model and have taken steps to de-risk remaining print properties," the company said.
The UK operation, which accounts for 73% of total revenues, has proved to be "resilient" with digital revenue growth of 36% offsetting the ongoing decline of income from print.
Hmm, maybe FP's websites represent the best assets they've got!