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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Ads, airline seats, and higher revenue: yield optimization at work

Just as it has for airlines, yield management -- controlling inventory availability in a way that affects prices and maximizes revenue -- will significantly improve revenue for online publishers. A unified yield management platform will give publishers a unified marketplace in which all buyers... Continue reading at Digiday

[ Digiday | 2015-06-10 00:00:00 UTC ]
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Industry Sales Rose 4.6% in 2014

Total sales in the U.S. book publishing industry rose to $27.98 billion, according to figures released by the Association of American Publishers. Trade sales were up 4.2%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-06-10 00:00:00 UTC ]
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Crowdfunding, Revenue Diversity, and Legalese: Some Takeaways From the LION Publishers Conference

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[ Editor & Publisher | 2015-06-10 00:00:00 UTC ]
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Daily Mail Invests $3 Million in Native Partner Taboola

The Daily Mail is announcing today that it has invested $3 million in publishing-tech company Taboola, and there are two big reasons why—native ad dollars and speed. "At the end of the day, we have to move so quickly," said Jon Steinberg, CEO of Daily Mail North America. "We're all competing... Continue reading at AdWeek

[ AdWeek | 2015-06-04 00:00:00 UTC ]
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Magazine Revenue to Climb Slightly as Newspaper Decline Continues

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[ Advertising Age | 2015-06-03 00:00:00 UTC ]
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US ebook sales down 6% in 2014

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[ The Bookseller | 2015-06-02 00:00:00 UTC ]
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[ Editor & Publisher | 2015-06-02 00:00:00 UTC ]
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[ Advertising Age | 2015-05-29 00:00:00 UTC ]
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‘Fault in Our Stars’ Was the Bestselling E-book of 2014

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[ Publishers Weekly | 2015-05-29 00:00:00 UTC ]
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[ Publishers Weekly | 2015-05-27 00:00:00 UTC ]
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[ The Bookseller | 2015-05-23 00:00:00 UTC ]
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[ The Guardian | 2015-05-21 00:00:00 UTC ]
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[ Publishers Weekly | 2015-05-13 00:00:00 UTC ]
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[ Publishers Weekly | 2015-05-08 00:00:00 UTC ]
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[ Advertising Age | 2015-05-07 00:00:00 UTC ]
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Off Strong 2014, Skyhorse Reorgs & Promotes Multiple Staffers

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[ Publishers Weekly | 2015-05-04 00:00:00 UTC ]
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