Johnston Press reports year-on-year increase in operating profit

Chief executive Ashley Highfield said relaunch of 183 titles and focus on developing a digital strategy is paying dividends Johnston Press has reported its first year-on-year increase in operating profit in almost seven years in the 18 weeks to 4 May, despite a tough market which saw advertising revenues decline by more than 15%. The […]


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Johnston Press’s Ashley Highfield inflicts ‘maximum pain’ on staff

Digitally charged vision for regional newspaper publisher lifted numbers but meant more than 1,300 staff lost their jobs This week MediaGuardian 25, our survey of Britain’s most important media companies, covering TV, radio, newspapers, magazines, music and digital, looks at Johnston Press. In Ashley Highfield’s first year in charge of Johnston Press, the UK’s largest […]


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Johnston Press profits fall by half

Print advertising revenues at regional newspaper publisher slump by 12.5%, but digital revenues rise 8.4% Johnston Press saw adjusted pre-tax profits almost halve to just over £8m in the first half of 2012, as print advertising revenues slumped by 12.5%. The regional newspaper publisher, which owns about 250 titles, reported operating profit in the 26 […]


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Newsprint’s salvation may be arriving at the weekend

The latest ABCs reveal how strong Saturday sales are compared with Monday to Friday. Perhaps blending free weekday digital content with a weekend print subscription could be the future April’s ABC sales figures for national papers are black, black, black, with the quality dailies down 10% in a year and memories of royal wedding euphoria […]


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Will Sly Bailey’s successor do any better at Trinity Mirror?

Sly Bailey leaves the Mirror group after 10 years of shrinking profits with the share price down 90%. But it could be worse: it could be Johnston Press So farewell at last, Sly Bailey, chief executive of Trinity Mirror: RIP after 10 years of shrinking profits and booming pay packets. It was the size of […]


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Johnston Press posts £144m loss

Beleaguered regional newspaper publisher sees revenues fall 6% and operating profit fall 10% Johnston Press crashed to a pre-tax loss of £144m last year, after slashing hundreds of millions of pounds from the book value of its 255 newspapers. The UK’s second-largest regional publisher, which under new chief executive Ashley Highfield is making sweeping cuts […]


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Yorkshire Post publisher scraps editors’ posts on regional papers

Newspapers’ staff stunned at loss of top job after Johnston Press announces that director will run titles instead The Yorkshire Post once proudly boasted of being the county’s “national newspaper”, a regional media powerhouse that broke big stories on momentous events such as the 1936 abdication crisis and sold 120,000 copies a day at its […]


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