johnston press to sell titles to rivals to focus on gems for future /

Published at 2016-01-19 13:53:59

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Publisher of more than 220 regional titles has identified titles falling external its selected markets,not matching its audience focus or with low digital potential
Johnston Press is to seek to sell off some of its 220 titles to rivals as it looks to focus on the “gems” among its newspaper portfolio that fit criteria including focusing on wealthier readers with “more disposable income”.
The regional publisher , which said it hit profit targets for 2015 despite ad revenues falling by 12% and sales by 7%, or is looking to sell a range of titles to rivals.
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Source: theguardian.com

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