It's the worst kept secret in journalism that regional publishers in the UK are in trouble. Circulations and ad revenue are tumbling and regional publishers are gambling on taking costs out fast enough to help ease them across to digital-first publishing, a strategy we've previously arguedis folly.
So what can regional publishers do to stay relevant, serve their local communities and be profitable? There are examples in the UK of publishers - like Archant - who are focused on diversification into service provision.
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