We all need to streamline our spend and publishing companies are no different. In a bit to improve service delivery and deliver against a tighter budget, the large magazine publisher Emap is currently considering the move of all of its weekly titles to either monthly or online publication.
The move could see Emap, which owns trade titles including Drapers, Broadcast and Retail Week, enact the change for all of its titles over the next few years. The first title due to test the move to a monthly frequency is understood to be Nursing Times.
The company has seen a large amount of change of late. Last month the publisher parted company with its chief executive David Gilbertson...he is yet to be replaced. Furthermore, at the end of last year, Claudia Arney, the group managing director at the publisher, also left.It is believed that the company's end-of-year financial results for 2010, due out in the next two months, will reflect a business performing well. Between 2008 and 2009, the company's revenue dropped from £283m to £282m, but it turned a pre-tax loss of £2m into a pre-tax profit of £34m.
Are you a writer? Check out our Writer Support services!
No comments:
Post a Comment