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Digital Gains To Overtake Print Losses This Year, Says Johnston Press

The boss of one of the largest local newspaper publishers said that he expected a shift from print to digital advertising this year.  Johnston Press, owner of titles such as The Yorkshire Post and The Scotsman, reported a GBP24 million pre-tax loss in the year to January 3, compared with GBP291 million loss previously. Ashley Highfield, the chief executive, said he hoped that “by the end of this year growth in digital advertising will overtake the print decline.” Digital revenues rose by 20% to £GBP29 million last year.

Read the whole story at The Times »

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