Johnston Press ad sales slump
SHARES in struggling regional newspaper publisher Johnston Press inched up yesterday despite reporting another slump in advertising.
The debt-laden group said print and digital advertising sales for the 18 weeks to 5 November fell eight per cent year-on-year as the faltering economic recovery hit business’ spending.
Johnston, whose top titles are The Scotsman and The Yorkshire Post, said display advertising – its largest revenue category – fell 3.4 per cent in the 18 weeks, in line with the declines seen in the first half of the year.
Johnston Press ad sales slump
SHARES in struggling regional newspaper publisher Johnston Press inched up yesterday despite reporting another slump in advertising.
The debt-laden group said print and digital advertising sales for the 18 weeks to 5 November fell eight per cent year-on-year as the faltering economic recovery hit business’ spending.
Johnston, whose top titles are The Scotsman and The Yorkshire Post, said display advertising – its largest revenue category – fell 3.4 per cent in the 18 weeks, in line with the declines seen in the first half of the year.