Mirror owner warns over Brexit as it makes £200m writedown

Reach, which also owns Daily Express and Daily Star, reports £120m pre-tax loss for 2018Reach, the publisher of the Daily Mirror and Daily Express, has warned about the impact of Brexit on advertising, as it made a £200m writedown on its newspaper business that pushed it into the red for 2018.The company, formerly known as Trinity Mirror, posted a pretax loss of £120m last year after writing down the value of its goodwill, publishing rights, titles and buildings, against a profit of £82m in 2017. Excluding the writedown, it made a profit of £142m. Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2019-02-25 00:00:00 UTC ]
News tagged with: #daily mirror #daily express #newspaper business #trinity mirror #pretax loss #publishing rights

Other news stories related to: "Mirror owner warns over Brexit as it makes £200m writedown"


Mirror owner warns over Brexit as it makes £200m writedown

Reach, which also owns Daily Express and Daily Star, reports £120m pre-tax loss for 2018Reach, the publisher of the Daily Mirror and Daily Express, has warned about the impact of Brexit on advertising, as it made a £200m writedown on its newspaper business that pushed it into the red for... Continue reading at The Guardian

[ The Guardian | 2019-02-25 00:00:00 UTC ]
More news stories like this | News stories tagged with: #publishing rights #pretax loss #trinity mirror #newspaper business #daily express #daily mirror


Mirror publisher’s boss warns print titles could become loss-making in five years

Reach chief tells staff to face ‘inconvenient truth’ over print but says digital will stabilise profitabilityThe boss of the publisher of the Mirror, Express and Star newspapers has warned staff they have to face the “inconvenient truth” that its print titles will become loss-making in as soon... Continue reading at The Guardian

[ The Guardian | 2024-01-23 08:00:43 UTC ]
More news stories like this | News stories tagged with: #print titles #newspaper industry #liverpool echo #birmingham mail


Ex-Lib Dem MP Simon Hughes makes phone-hacking claim against Daily Mail owner

Exclusive: Associated Newspapers faces first legal case over alleged voicemail interceptionThe Daily Mail’s parent company is facing its first legal claim for phone hacking, after the former Liberal Democrat MP Sir Simon Hughes filed a case against the newspaper publisher.Hughes is alleging that... Continue reading at The Guardian

[ The Guardian | 2022-10-10 17:00:40 UTC ]
More news stories like this | News stories tagged with: #private investigator #phone hacking #daily mail #legal claim #legal case


Mirror owner’s profits fall by nearly a third as newsprint costs soar

Reach, which also publishes the Star and the Express titles, says Ukraine war has affected advertisingThe rising cost of paper has dented profits at the publishing company Reach, which owns titles including the Mirror, the Express and dozens of local newspapers.Physical newsprint costs have... Continue reading at The Guardian

[ The Guardian | 2022-07-26 11:26:46 UTC ]
More news stories like this | News stories tagged with: #profits fall #local newspapers


A bookstore owner’s petition to make Harriet Tubman Day a federal holiday is almost at 8,000 signatures.

A worthy cause for you this Thursday: a bookstore owner’s petition to make Harriet Tubman Day a federal holiday (and the first federal holiday named for an American woman) is at nearly 8,000 signatures, and you can add your name here. The petition was created by Jeannine Cook, owner of Harriet’s... Continue reading at Literrary Hub

[ Literrary Hub | 2022-05-05 16:26:12 UTC ]
More news stories like this | News stories tagged with: #bookstore #american woman #bookstore owner


Make sure mid-tier titles aren't lost in packed autumn, Fry warns

Marketing and publicity teams need to make sure their middle-tier titles don't get lost in the crowded autumn, Canongate commercial director Jenny Fry has warned. Continue reading at The Bookseller

[ The Bookseller | 2020-07-09 17:47:50 UTC ]
More news stories like this | News stories tagged with: #publicity teams


Brexit uncertainty has hit industry investment, PA president warns

The prolonged uncertainty over the shape and timeline of Brexit has led to delayed investment decisions from publishers which will affect industry growth further down the line, Publishers Association president Peter Phillips has said.     Continue reading at The Bookseller

[ The Bookseller | 2019-07-07 12:51:47 UTC ]
More news stories like this | News stories tagged with: #publishers association


Book Culture's future at risk, warns New York indie owner

The owner of New York's Book Culture bookshops says the business's four stores are in danger of closing unless they receive help from the city.  Continue reading at The Bookseller

[ The Bookseller | 2019-06-25 02:20:48 UTC ]
More news stories like this | News stories tagged with: #bookshop #book culture


Trade warns May's Brexit defeat leaves industry 'limbo'

Trade leaders have warned Theresa May needs to “urgently” come up with a Plan B after MPs rejected the government’s Brexit deal in an historic defeat last night. Continue reading at The Bookseller

[ The Bookseller | 2019-01-17 00:00:00 UTC ]
More news stories like this | News stories tagged with: #historic defeat #mps rejected


SoA and IWU warn of dangers of no-deal Brexit

The Society of Authors (SoA) and the Irish Writers Union (IWU) have warned about the dangers of a no-deal Brexit. The joint statement pays tribute to the “close literary relationship” between the UK and Ireland but suggests that the “unique and thriving relationship is now under threat as a... Continue reading at The Bookseller

[ The Bookseller | 2018-09-27 00:00:00 UTC ]
More news stories like this | News stories tagged with: #no-deal brexit #uk leaving


Brexit will usher in a dark chapter for new British authors, warns publisher

Harry Potter publisher Bloomsbury warns UK’s exclusive English rights across EU will end, with firms fighting US companies in an open marketThe next generation of British authors could struggle to land a book deal after Brexit, according to the publisher who launched Harry Potter writer JK... Continue reading at The Guardian

[ The Guardian | 2017-12-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #guardian view #books sold #close ties #book deal #british authors #dark chapter


Creative industries facing 'catastrophic' loss of talent after Brexit, report warns

Britain’s creative industries are facing a "potentially catastrophic" loss of talent and skills following Brexit, the Creative Industries Federation has warned, arguing that the end of freedom of movement poses a "huge risk" to the sector. Continue reading at The Bookseller

[ The Bookseller | 2017-10-20 00:00:00 UTC ]
More news stories like this | News stories tagged with: #creative industries


Mirror Books makes first fiction acquisition

Trinity Mirror's publishing imprint Mirror Books has acquired three titles in a new crime series by author and playwright Lynn Brittney. Continue reading at The Bookseller

[ The Bookseller | 2017-08-05 00:00:00 UTC ]
More news stories like this | News stories tagged with: #crime series #trinity mirror


CMS committee warns cuts 'making arts less accessible'

The Culture, Media and Sport select committee has warned that budget cuts are making culture less accessible, as part of its latest report on funding and support for the arts outside London. Continue reading at The Bookseller

[ The Bookseller | 2016-12-16 00:00:00 UTC ]
More news stories like this | News stories tagged with: #latest report


Eason on track for second year of profit but warns on Brexit

Eason is on track to retain its profitability this year, with single-digit revenue growth, its c.e.o. Conor Whelan has told The Bookseller on the eve of the all-important Christmas bookselling season. However, the chain’s chief also warned of the potential impact Brexit could have on the... Continue reading at The Bookseller

[ The Bookseller | 2016-11-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #conor whelan


Creative Industries Federation makes its Brexit recommendations

Reform of the migration system to enable easy access to critical skills and talent from both EU and non–EU countries is a key recommendation of a new report on Brexit from the Creative Industries Federation. Continue reading at The Bookseller

[ The Bookseller | 2016-10-28 00:00:00 UTC ]
More news stories like this | News stories tagged with: #eu countries


Media outlook 'dismal' following Brexit, analysts warn

Enders Analysis has downgraded its forecasts for the audiovisual sector following the referendum result that will likely see the United Kingdom exit the European Union. The analysts said the result offered “no clear benefits to the audiovisual sector” while a climate of uncertainty promised to... Continue reading at The Bookseller

[ The Bookseller | 2016-07-05 00:00:00 UTC ]
More news stories like this | News stories tagged with: #european union #enders analysis #media outlook


Daunt warns of job losses if irresponsible Brexit prevails

Waterstones boss James Daunt has sent a stark email to employees warning that if the UK leaves Europe, the “brutal reality" is that the retailer would be forced to axe jobs. Continue reading at The Bookseller

[ The Bookseller | 2016-06-15 00:00:00 UTC ]
More news stories like this | News stories tagged with: #job losses #daunt warns


Making the case for Brexit

The publishing business ought to consider its product exports and personnel imports before choosing its side, argues Diane Banks. Continue reading at The Bookseller

[ The Bookseller | 2016-06-09 00:00:00 UTC ]
More news stories like this | News stories tagged with: #publishing business


USA Today owner makes $815m offer for LA Times publisher

Gannett hopes to make $50m a year in savings from takeover of Tribune PublishingGannett, which owns local newspaper publisher Newsquest in the UK, has made a $12.25 (£8.44) per share offer to take over Tribune Publishing.The all-cash offer, a 63% premium on Tribune’s closing share price on... Continue reading at The Guardian

[ The Guardian | 2016-04-25 00:00:00 UTC ]
More news stories like this | News stories tagged with: #share offer #tribune publishing