Thursday, November 20, 2008

More bad results

The trail of bad news from the industry continues today with DMTG group reporting profits down and plans to cut costs worldwide by £100m in the face of declining advertising revenues.

Perhaps most worrying in the figures were the results for Northcliffe media,the groups regional arm,which saw profits down 32% and an alarming drop in revenue from advertising particually property classifieds and recruitment.

No comments: