Richard Desmond's firm in £25m loss after price cuts and digital investment

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 publishing.Northern & Shell owns assets including the Daily Express, Sunday Express, Daily Star, Daily Star Sunday, OK! magazine and the Health Lottery, made a pre-tax loss of £24.8m in 2015. Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2016-04-29 00:00:00 UTC ]
News tagged with: #cutting prices #significant investment #digital publishing #daily express #sunday express #pre-tax loss

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