By James Doleman

Irish based publisher Independent News and Media (INM) has increased its digital revenue but has also pledged to continue cost-cutting measures.

The company – which owns titles; the Irish Independent and Belfast Telegraph, reported a 30 per cent rise in digital revenue to €3.9m, but recorded an overall loss of €2.1m in six months to the end of June. It blamed a €16.1m charge relating to a “non-cash accounting adjustment” connected with group’s non-participation” in an share issue by its Australian associate APN without which the company would have made a profit of €14m.

The company also claimed that the Independent website Read full story ›

Source: The Drum