The 2017 figure is huge swing from £6.6m profit of previous year as publisher invests in digital growthCondé Nast, the owner of glossy magazines including Vogue, Vanity Fair and GQ, has slumped to a £14m annual loss as it battles to reshape its business for the digital future.The high-end... Continue reading >> [ Source: The Guardian | 2019-01-03 00:00:00 UTC ]
Northern & Shell puts 2015 losses down to cutting prices of Star and Express titles and significant investment in digital publishingRichard Desmond’s Northern & Shell fell to a £25m loss last year after embarking on costly tabloid price cuts and boosting investment in digital... Continue reading >> [ Source: The Guardian | 2016-04-29 00:00:00 UTC ]
Tesco has reported the worst results in its history – registering a pre-tax loss of £6.4bn in the last year. The UK supermarket, a big vendor of books, and currently being investigated by the Serious Fraud Office after it overstated its half-year profit forecast last August by £263m, sustained... Continue reading >> [ Source: The Bookseller | 2015-04-23 00:00:00 UTC ]
Regional newspaper publisher also unveils deal to print Richard Desmond’s four Express and Star titles in the north of EnglandJohnston Press has reported a pre-tax loss of £23.9m for last year, and announced a lucrative deal to print Richard Desmond’s Express and Star titles in the north of... Continue reading >> [ Source: The Guardian | 2015-03-25 00:00:00 UTC ]