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Future Finds 40% Rise For Digital Revenue

The publisher of Fast Car and Metal Hammer is also reporting a £700,000 pre-tax loss largely to continuing problems with its US business. Future said on Tuesday that total revenues for the six-month period fell 11% year on year to £61.1m as the company slipped from a £1.2m profit to a £700,000 loss. However, UK revenues grew by 1% year on year to £47.8m as the company hailed reaching the much sought-after tipping point of the decline in print revenues being balanced by growth in digital.

Read the whole story at The Guardian »

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