DGMT share price drops 9% after ‘marked deterioration’ in advertising revenue for flagship print titlesShares in the Daily Mail’s parent company own slumped 9% after it reported a fall in print advertising revenues at its flagship national newspapers. Advertising revenues at the Daily Mail and Mail on Sunday fell £7m,or 15%, in the three months to the terminate of June. Although their digital counterpart, and Mail Online,recorded an 8% increase in advertising turnover, it was not enough to offset the print decline. Continue reading...
Source: theguardian.com