Mail Online has missed its target of making £80m in revenue this year as annual digital advertising growth slowed by more than half and profits at the Mail’s combined print and digital operation rose by 12%.
Mail Online’s revenues increased by 20% to £36m in the six months to the end of March, a sharp slowdown compared with last year and not enough to offset the advertising and sales decline at the Daily Mail and Mail on Sunday. Its owner, Daily Mail & General Trust, said total revenue across its Mail businesses fell by 4% to £296m compared with the same period last 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
DMG Media and Trinity Mirror have recently revealed figures showing spectacular digital advertising revenue leaps
Online growth offsets decline at Daily Mail and Mail on Sunday, making £15m in revenues in three months to end of June Mail Online increased its advertising revenue by 49% in the quarter to 30 June, offsetting a decline in print revenues at the Daily Mail and Mail on Sunday. For the full story read […]
The Daily Mail’s website, Mail Online, has taken on former Buzzfeed president and chief operating officer Jon Steinberg
Sex did NOT sell: Publisher of Penthouse magazine files for bankruptcy with debts of $300million The publisher of adult magazine Penthouse has filed for bankruptcy with $300million of debt. >> Mail Online <<
