Telegraph Media Group made record £60m profit last year

The Telegraph Media Group made more than £60m last year, The Guardian can reveal. It is the third successive year that the company has managed to increase its operating profit.TMG is expected to report what amounts to a record figure formally in the spring when it files its accounts for the full 12 months of 2013 at Companies House.So the publisher of the Daily and Sunday Telegraph, which is ultimately owned by Sirs David and Frederick Barclay, continues to defy the newspaper publishing sector's downward market trend. Rival titles, such as The Times, The Independent and The Guardian, have been recording losses for several years. In 2012, TMG made £58.4m, and in 2011 its profit was £55.7m.Evidently, TMG's advertising revenues have remained relatively stable. It has also enjoyed a boost in subscriptions since it launched its online metered paywall. That was introduced internationally in November 2012 and was extended for domestic users in March 2013.An inside source says charging for access has "reaped rewards, with nine out of 10 people who trial the free-month offer going on to subscribe."No-one at TMG was available for comment.Telegraph Media GroupMedia businessBarclay BrothersDaily TelegraphSunday TelegraphThe TimesThe IndependentThe GuardianRoy Greensladetheguardian.com © 2014 Guardian News and Media Limited or its affiliated companies. All rights reserved. | Use of this content is subject to our Terms & Conditions | More Feeds Continue reading at 'The Guardian'

[ The Guardian | 2014-01-10 00:00:00 UTC ]
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Guinness World Records is the Christmas Number One

Guinness World Records 2015 (GWR) is the UK's official Christmas number one. In the seven days ending 20th December, the annual tome of record-breaking achievements from across the globe sold 58,477 copies, a volume rise of nearly 12% week to week. This is the first time in over a decade that... Continue reading at The Bookseller

[ The Bookseller | 2014-12-24 00:00:00 UTC ]
More news stories like this | News stories tagged with: #christmas number #60th anniversary


More Top Media Publications Trust Programmatic For Premium Ad Inventory

More top publishers are opting into programmatic ad networks to sell premium advertising. Varick Media Management recently signed exclusive deals with Time Inc., News Corp., American Media Inc. and Wenner Media and will help them sell ad units that feature photography, videos and other types of... Continue reading at AdWeek

[ AdWeek | 2014-12-24 00:00:00 UTC ]
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The Best Books Fast Company Read This Year

Relive the year in reading with the Fast Company staff.As the year wraps up, the Fast Company staff remembers our year in reading with our favorite books of the year. The list above is by no means comprehensive, or even the best new titles, but just some of the works we spent the last 12 months... Continue reading at Fast Company

[ Fast Company | 2014-12-24 00:00:00 UTC ]
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Profit warning from Haynes

Haynes Publishing Group has issued a profit warning, citing "soft" trade and tighter inventory controls from retailers. The car manuals publisher said its half year results, which will be posted at the end of January, will be "seriously impacted" by "key consumer retailers implementing working... Continue reading at The Bookseller

[ The Bookseller | 2014-12-23 00:00:00 UTC ]
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Critics select 'Can't We Talk About Something More Pleasant?' for best-of-the-year lists

'Pleasant' is a graphic novel by Roz Chast that explores caring for aging parents. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2014-12-23 00:00:00 UTC ]
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Fan-made Marvel vs DC trailer's a blast

In the comic book world, Marvel and DC characters were never destined to meet ... until now.  Continue reading at Stuff

[ Stuff | 2014-12-23 00:00:00 UTC ]
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The Miniaturist is Specsavers Book of the Year

Jessie Burton's The Miniaturist (Pan Macmillan) has been crowned the Specsavers Book of the Year for 2014 after a public vote. Continue reading at The Bookseller

[ The Bookseller | 2014-12-23 00:00:00 UTC ]
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The Miniaturist voted book of the year

Jessie Burton's debut novel The Miniaturist comes top of a public vote to be named Specsavers Book of the Year. Continue reading at BBC News

[ BBC News | 2014-12-22 00:00:00 UTC ]
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Sales down, but profits double at HC UK

HarperCollins UK saw huge growth in profits for the year ended June 30th 2014, despite a fall in turnover for the company. The company's annual results have also revealed that former c.e.o. Victoria Barnsley received £1.39m when she left the company. Turnover at the publisher fell on the... Continue reading at The Bookseller

[ The Bookseller | 2014-12-20 00:00:00 UTC ]
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Second Story Press Celebrates 25 Years of Feminist and Social Justice Publishing

When Toronto-based Second Story Press celebrated its 25th anniversary this month, the room at a community center in downtown Toronto was filled with authors and illustrators who have helped the press pursue its goal of publishing important feminist and social justice books for young readers. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-12-19 00:00:00 UTC ]
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Want You Dead named Sainsbury's ebook of the year

Peter James’ Want You Dead (Pan Macmillan) has been named eBooks by Sainsbury’s eBook of the Year 2014. The award, which aims to let readers decide their stand-out “screen turner” of the year, is in its second year. Want You Dead was chosen from a longlist of more than 150 titles from a range... Continue reading at The Bookseller

[ The Bookseller | 2014-12-19 00:00:00 UTC ]
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The publisher’s year: hits and misses of 2014

Which books took off and which failed to sell? Publishers choose their books of the year, and the ones that slipped through the netThe book that made my year: The commercial publication of Picador’s year was The Miniaturist by Jessie Burton, which has just been crowned Waterstones book of the... Continue reading at The Guardian

[ The Guardian | 2014-12-19 00:00:00 UTC ]
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PRH: 'year of implementation' ahead

2015 will be a “year of implementation” for Penguin Random House, with the work ahead allowing PRH to “fully realise the potential of our new company”, c.e.o. Markus Dohle has told employees. In a letter to PRH staff worldwide, Dohle said that it was “incredible what our company has been able... Continue reading at The Bookseller

[ The Bookseller | 2014-12-19 00:00:00 UTC ]
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Dohle Reflects On a Year 'Combining Two Great Legacies'

In his annual year-end letter, Penguin Random House CEO Markus Dohle cited the merger and thanked the PRH staff for the “impressive feat” of “combining two great legacies.” Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-12-18 00:00:00 UTC ]
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Books of the Year: Newspaper review round-up

Last year marked our first round up of the numerous “books of the year” features across the media. It saw a total of 660 books being touted by various critics, writers and celebrities. This year, our spreadsheet collating the reviews boasts 910 titles that have been recommended across several... Continue reading at The Bookseller

[ The Bookseller | 2014-12-16 00:00:00 UTC ]
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Brad Pitt and Seth Rogen lead backlash against media over Sony hacks

‘Everyone is doing exactly what these criminals want,’ says Rogen, after newspapers publish emails hacked from Sony executivesAaron Sorkin: news outlets more ‘morally treasonous’ than Sony hackersVarious Hollywood figures, including Brad Pitt, Aaron Sorkin and Seth Rogen, have publicly... Continue reading at The Guardian

[ The Guardian | 2014-12-16 00:00:00 UTC ]
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Harris to chair Costa Book of the Year judges

Author Robert Harris will chair the judging panel for the 2014 Costa Book of the Year. He will be joined by writers Maggie O’Farrell, Bernadine Evaristo, Jonathan Stroud, Owen Sheers and Wendy Moore, actress Dame Diana Rigg, the BBC’s economics editor Robert Peston, and actress Samantha... Continue reading at The Bookseller

[ The Bookseller | 2014-12-16 00:00:00 UTC ]
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The Year’s Fattest Cookbooks

From 'How to Cook Everything Fast' to an authoritative collection of Mexican recipes, here's a look at a few of the hefty cookbooks of 2014. ] Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-12-15 00:00:00 UTC ]
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Curtis Brown digital arm Studio 28 launches next year

Curtis Brown Literary and Talent Agency will officially launch its digital publishing arm, Studio 28, in March next year. Studio 28 will publish in the UK and other territories, seeking rights from authors already on the agency’s books or “rediscovering and reinventing literary gems from 100... Continue reading at The Bookseller

[ The Bookseller | 2014-12-13 00:00:00 UTC ]
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The Bookseller's Books of the Year

The main question we asked when compiling the second Books of the Year list, was: what are these sort of lists good for? Until last year, in its previous 155 years The Bookseller eschewed this kind of listing, partially because it was felt that, as the august Organ of the book trade, we were to... Continue reading at The Bookseller

[ The Bookseller | 2014-12-13 00:00:00 UTC ]
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