An internal document from Reed Business Information, publisher of Estates Gazette and New Scientist, says the company wants to grow its revenue from online activities by 50 per cent within three years.
According to a Dow Jones report on the document, the publisher specifically wants to raise the sale of online publications by 50 per cent in three years.
The division also needs additional cost cutting and an end to duplication of costs, chief executive Keith Jones said in the memo to staff.
Earlier this year RBI’s parent company Reed Elsevier announced the sale of several US magazine titles; in April RBI announced plans for 50 redundancies in the UK – you can see a full timeline of recent events at the company at this link.
Tags: chief executive, Dow Jones, Estates Gazette, Keith Jones, New Scientist, online activities, online income, online publications, RBI, Reed Elsevier, United Kingdom, United States
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