Structurally Challenged Newspapers Holding Back Growth at Gannett and DMGT
Posted: 2/11/2013 | By: Jasper Jackson | The Media Briefing
Is consumer publishing the millstone around media company necks? It certainly looks that way for two cross-Atlantic giants of media, Gannet and Daily Mail and General Trust.
The latest financials from both firms show poor performance in consumer arms counteracting healthy growth in other parts of the business – and that has a lot to do with the ad market.