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...The group, owned by US group Gannett, increased its number of online visitors by 40 per cent last year compared with 2019 and is rolling out more paywalls, taking the number across its titles from about...
...“These are big numbers,” says Douglas McCabe, an analyst at Enders. “This is not advertising that is going to come back.” Media owners have already shown some effects of the carnage....
...All these moves align the supply of news with a realistic revenue stream that is out there,” said Douglas McCabe, analyst at Enders....
...“2011 is the year when consolidation in the local press feels like an inevitability,” says Douglas McCabe, analyst at Enders....
...Decades of falling circulation combined with the loss of classified advertising to web rivals means that the regional press is engulfed in what Douglas McCabe, analyst at Enders, calls a “perfect storm”....
...So far, the record is held by Newsquest, the British arm of Gannett of the US, which reported property advertising down 57.7 per cent in the final quarter of 2008....
...Newsquest, the UK arm of Gannett Newspapers of the US, recently announced that some areas of its classified advertising, principally cars and property, had fallen by up to a half year-on-year....
...“This is a company that not long ago had margins well, well north of 30 per cent,” Douglas McCabe, newspaper analyst with Enders Analysis, said. “How many media companies have been able to enjoy that?...
...New York Times shares gained, as did Gannett and others....
...“Core advertisers have not come back to traditional television in the same way [that they used to],” said Douglas McCorkindale, chairman, president and chief executive of Gannett....
...Despite the difficult operating conditions, Douglas McCorkindale, chief executive of Gannett, expressed optimism that growth would improve in the second half of the year....
...said Douglas McCorkindale, Gannett's chief executive....
...Douglas McCorkindale, chairman, president and chief executive, said political and Olympic advertising added $120m to Gannett's ?record operating results for all of 2004?....
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