The Independent’s latest financial report has shown that the newspaper has managed to half last financial year’s trading loss of £9.1m down to £4.6m.
The newspaper has attributed the slow down to the increased revenues in its digital operation, sales in its sister paper- i- and cost savings in production.
The first three quarters of the current financial year placed the publisher on track to continue to reduce losses significantly. The success has been helped by a rise in revenue as a result of two successful price hikes for the i newspaper and ad campaigns which the company says put its circulation Read full story ›
Source: The Drum
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