Browse > Home / Editors' pick, Newspapers / Blog article: Reuters: ‘Johnston Press 2009 ad revenues slump 36 per cent’

Reuters: ‘Johnston Press 2009 ad revenues slump 36 per cent’

March 11th, 2009Posted by in Editors' pick, Newspapers

“British regional newspaper group Johnston Press axed its final 2008 dividend on Wednesday after saying its advertising revenues in 2009 to date were down 36 per cent,” Reuters reports.

“The group, which has been especially hard hit by its high exposure to local classified advertising and sectors such as employment, housing and motoring, posted 2008 results in line with forecasts, with operating profit down 28 per cent.”

Full story at this link…

and another report from MediaGuardian at this link.

Similar posts:

© Mousetrap Media Ltd. Theme: modified version of Statement