Newspaper group reports slump in print advertising and digital ads in traditionally strong fourth quarter

The publisher of the Mirror and Express is to cut 200 roles in a £30m cost-cutting drive, after advertisers failed to spend heavily through the World Cup, Black Friday and Christmas season.

The newspaper group, which also owns hundreds of regional titles including the Manchester Evening News, reported a slump of a fifth in print advertising and 6% in digital ads in the traditionally strong fourth quarter.

Continue reading…

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Protests spread in Iran as President Raisi vows to crack down

Demonstrations that began with death of Mahsa Amini while detained by morality…

Fantastic Beasts: The Secrets of Dumbledore review – good-natured magical entertainment

Visually impressive third adventure looks great, with an ever more Dickensian Eddie…

Coronavirus live news: WHO ‘to scrap’ interim Wuhan report; UK investigating new variant

WHO to scrap interim report as group of scientists press for fresh…