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Mail Online Set Up To Profit By Summer

Mail Online is expected to turn a profit for the first time this summer, and is predicted to bring in £100 million a year in revenue within five years, the site's publisher has told investors. Speaking at a Daily Mail and General Trust investor day in London yesterday, Martin Clarke said the website was "very close to breaking even" and said Mail Online no longer considered newspaper websites to be key rivals - but bigger online-only players such as AOL-Huffington Post and MSN.

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