Mail Online targets £60m revenues in 2014

Publisher aims to continue 2013's 50% growth to hit point at which website's income would exceed newspapers' declineMail Online has set a target of making more than £60m in revenues in 2014, with executives saying it is close to more than offsetting revenue declines at the Daily Mail and Mail on Sunday.The Daily Mail website, which on Thursday reported £41m in revenue for the year to 30 September in Daily Mail & General Trust's annual results, will need to maintain growth of 50% to hit the target in 2014."Maybe this is the year we see growth in Mail Online exceed the decline in Mail newspapers," said the DMGT finance director, Stephen Daintith."We are getting close now, last year [2012] the gap was 3% [decline], this year 2%. We may see in fiscal 2014, certainly we would hope to see by 2015, that it will move into positive [revenue growth] territory. It will be a very pleasing moment."Daintith admitted that Mail Online had just missed its revenue forecast of £45m for the year to the end of September."It came in a little bit short, August and September were a little below expectations," he said. "But revenue growth has accelerated [again] in the first seven weeks of DMGT's new financial year to 49%. At around 50% we hope to go past the £60m revenue mark [in 2014]."Of the £41m in revenue Mail Online made last year, £5m came from its burgeoning US operation.Daithith added that he expects the revenue growth rate in the US to outstrip the hefty 50% rate forecast for the UK... Continue reading at 'The Guardian'

[ The Guardian | 2013-11-21 00:00:00 UTC ]
News tagged with: #tipping point #print newspapers #newspaper operations

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News Corp and Mail Online plagiarism spat goes to Cannes Lions festival | Media Monkey

The ongoing Antipodeon spat between News Corp and Mail Online over the latters alleged plagiarism appears to have spilled over onto waterfront at this weeks Cannes Lions advertising festival. The Daily Mail websites publisher, Martin Clarke, never known for half measures, is schmoozing... Continue reading at The Guardian

[ The Guardian | 2014-06-17 00:00:00 UTC ]
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UK mobile advertising set to overtake newspaper ad revenue in 2014

New eMarketer research forecasts mobile ad spend to top £2bn this year, and for total digital media to reach £9bn by 2017UK mobile advertising spend is forecast to top £2bn and overtake newspaper ad revenue for the first time in 2014, according to new research.Total digital media advertising... Continue reading at The Guardian

[ The Guardian | 2014-03-10 00:00:00 UTC ]
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First-Time Exhibitors Target Toy and Specialty Retailers at Toy Fair 2014

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[ Publishers Weekly | 2014-02-18 00:00:00 UTC ]
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Mail Online to switch to .com domain name

Publisher thought to have paid potentially as much as £1m-plus in bid to boost international traffic, particularly in the USMail Online is switching from a .co.uk to .com homepage address, following protracted negotiations with the US paper that owned the dailymail.com domain name.Owner Daily... Continue reading at The Guardian

[ The Guardian | 2014-01-27 00:00:00 UTC ]
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Mail Online passes 10m daily browsers

Daily Mail website continues spectacular growth, also attracting a record 168 million monthly unique browsers in November Mail Online continues to break traffic records, topping 10 million daily average unique browsers for the first time in November.The digital juggernaut is yet to see a... Continue reading at The Guardian

[ The Guardian | 2013-12-12 00:00:00 UTC ]
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BuzzFeed to forecast 2014 revenue of up to $120M

BuzzFeed Inc., the online publisher of news, lists and quizzes that are designed to be shared on social media, is forecasting revenue of as much as $120 million in 2014, said two people with knowledge of its financials.The sales level will depend on how many advertising deals are booked next... Continue reading at Crains New York

[ Crains New York | 2013-12-04 00:00:00 UTC ]
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Mail Online to launch in Australia

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[ The Guardian | 2013-11-27 00:00:00 UTC ]
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Publishers’ Revenues From Audience Extension Poised to Double in 2014

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[ Digiday | 2013-10-25 00:00:00 UTC ]
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iMedia Revenue Ltd. Provides Newspaper Publishers With Forum For Online Business Opportunities

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STM revenues to 'top $30bn in 2014'

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Bloomberg Media Fills Chief Revenue Officer Role, Accelerating Ad Revenue Growth

The business news publisher Bloomberg Media has hired digital media executive Christine Cook as its first chief revenue officer, Adweek can exclusively report. The publisher had previously hired Keith A. Grossman, who left in 2019, as global chief revenue officer. Before him, Paul Caine held the... Continue reading at AdWeek

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Best Online Book Clubs: 15 Online Clubs to Join in 2020

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BEA 2014: IBPA Reveals 2014 Benjamin Franklin Winners

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[ Publishers Weekly | 2014-05-31 00:00:00 UTC ]
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The 2014 PW BEA Show Daily, May 29, 2014

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[ Publishers Weekly | 2014-05-29 00:00:00 UTC ]
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UK: Book Revenues Surpassed £7 Billion Pounds in 2023

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In the face of online misinformation, these teens are learning how to sort fact from fiction

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