DMGT has little in common with supposed peers Johnston Press and Trinity Mirror. A forward earnings ratio of 14.2 times suggests the future is rosy. The market predicts deep trouble ahead for the other two, with ratings of 0.7 and 2.2 times, according to S&P Global. If DMGT were shorn of its legacy media interests, it would be rated more like Relx at 18.7 times
Chief executive says review will ask: are we the best owners for all our businesses?
DMGT, the owner of the Daily Mail saw profits tumble by a quarter at its newspaper operation following a double-digit fall in print advertising revenues and investment in Mail Online
Slowing of print advertising decline – with significant improvement since Brexit vote – prompts hopes that downturn is ending
Shares in Daily Mail and General Trust, publisher of the Daily Mail, fell by 10 per centon Thursday as it disclosed the toll that the sudden downturn in print advertising is having on its business. It suffered a 16 per cent decline in print advertising revenues in the first half of its financial year
The Daily Mail and Mail on Sunday reported a 5% decline in total revenue to £536m. Print advertising revenues fell 5% while circulation revenues dropped 4%
The trouble is that newspaper and magazine companies are invariably dominated by print people, profits and philosophies. But digital media increasingly needs different (and, yes, younger) people with new skills working in different ways, often with an unruly approach to experimentation and investment
The trouble is that newspaper and magazine companies are invariably dominated by print people, profits and philosophies. But digital media increasingly needs different (and, yes, younger) people with new skills working in different ways, often with an unruly approach to experimentation and investment
The launch of MyMail is aligned with the expansion of the publisher’s loyalty programme, Mail Rewards Club, which will now also include offers from Amazon and iTunes
The Daily Mail & General Trust has reported an 8pc drop in revenues in its pre-close statement, although the figure is a 2pc rise on an underlying basis.
