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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Wattpad writers to boost income through ad revenues

Wattpad is allowing writers to generate income from stories posted on their site through external adverts. Continue reading at The Bookseller

[ The Bookseller | 2016-08-18 00:00:00 UTC ]
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Coventry’s libraries may move online

A proposal put forward by Coventry City Council could see library users go online to order books and collect them from local community centres. Continue reading at The Bookseller

[ The Bookseller | 2016-08-18 00:00:00 UTC ]
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Wattpad Unveils Ad-Generated Revenue Program for Its Writers

The online reading and writing community is launching Wattpad Futures, a program that will run paid advertising in a selection of the stories posted on its website. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-08-17 00:00:00 UTC ]
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Bloomberg Media Names New Global Chief Revenue Officer

Publishing vet Keith Grossman has had a busy few years. Just over two years ago, the Condé Nast alum left a more than decade-long career at Wired to join Bloomberg as publisher of Bloomberg Digital and Digital Products. Last fall, he was promoted to Bloomberg Media's U.S. head of sales. And as... Continue reading at AdWeek

[ AdWeek | 2016-08-10 00:00:00 UTC ]
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Quarto half-year revenues rise 8%

Illustrated book publisher and distributor Quarto has seen its revenue rise 8% year-on-year to $73.3m (£56.43m) in the six months ending 30th June 2016. Continue reading at The Bookseller

[ The Bookseller | 2016-08-10 00:00:00 UTC ]
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2% revenue rise for Elsevier in first half

Elsevier's business trends "remain positive", with underlying revenue growth of 2% for the first half of 2016, parent company RELX Group has reported. Continue reading at The Bookseller

[ The Bookseller | 2016-07-29 00:00:00 UTC ]
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US publishers saw February revenue rise

US publishers’ revenues were up 4.2% year-on-year to $662.2m in February ($597.4m in February 2015), with sales for the first two months of the year now down 3% overall ($1.68bn) compared to 2015, according to statistics released by the Association of American Publishers (AAP). Continue reading at The Bookseller

[ The Bookseller | 2016-07-28 00:00:00 UTC ]
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Nielsen Book to launch online ISBN store

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[ The Bookseller | 2016-07-26 00:00:00 UTC ]
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Poll: Will Verizon's Yahoo-AOL Combination Change Online Advertising?

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[ Advertising Age | 2016-07-25 00:00:00 UTC ]
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Microsoft wants to help small businesses book appointments online

Small business owners are getting a new feature tailored just for them in Microsoft Office 365 -- a full-service system for scheduling appointments for their services over the internet.Microsoft Bookings is a new service that makes it possible for business owners to create their own scheduling... Continue reading at PC World

[ PC World | 2016-07-21 00:00:00 UTC ]
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Microsoft wants to help small businesses book appointments online with Bookings service

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[ PC World | 2016-07-21 00:00:00 UTC ]
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Quartz Said to Near $30 Million in Revenue, Without Clickbait or Standard Ad Units

Many digital media businesses chase readers on the largest scale possible, all the better to attract advertisers that want to spread their messages widely. But big reach comes at a cost -- in quality, in resources -- that isn't always justified by the ad rates online.Unfortunately the niche game... Continue reading at Advertising Age

[ Advertising Age | 2016-07-15 00:00:00 UTC ]
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[ The New York Times | 2016-07-11 00:00:00 UTC ]
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Did the Mail and Sun help swing the UK towards Brexit?

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[ The Guardian | 2016-06-24 00:00:00 UTC ]
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[ The Guardian | 2016-06-15 00:00:00 UTC ]
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What Publishers Can Learn from Eat Drink Lucky’s E-Mail Success

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[ Folio Magazine | 2016-06-08 00:00:00 UTC ]
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Ebook Sales in Germany Up, Revenue Down

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[ Publishing Perspectives | 2016-06-06 00:00:00 UTC ]
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[ Folio Magazine | 2016-06-03 00:00:00 UTC ]
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Can Libro.fm Turn Digital Audiobooks into a Revenue Stream for Indies?

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[ Publishers Weekly | 2016-05-20 00:00:00 UTC ]
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[ The Bookseller | 2016-05-19 00:00:00 UTC ]
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