Around the Net
Digital Subscriptions Boost Profits At 'The Economist,' Despite Print Ad Decline
- The Guardian, Friday, July 8, 2016 9 AM
The Economist grew profits to more than GBP60m last year, overcoming an 18% fall in print ad revenues by focusing on pushing its premium print and digital subscription packages to readers. The Economist Group managed to boost operating profit from GBP59.3m to GBP60.6m in the year to the end of March, a creditable performance given the pressures facing publishers.
