BEGINS a financial statement issued yesterday by the publisher of the Daily Record, Sunday Mail and several other Scots newspaper titles, Trinity Mirror: “Whilst the trading environment remains volatile, revenue trends have seen some improvement in the third quarter (13 weeks to 27 September 2015) with revenue falling by nine per cent against a 13 per cent decline in the second quarter (13 weeks to 28 June 2015).
“Underlying revenue* fell by sevent per cent in the third quarter compared to the ten per cent decline in the second quarter. On an underlying basis, publishing revenue fell by six per cent with print declining by eight per cent and digital growing by 24 per cent.
“We continue to deliver strong growth in our digital audience with average monthly unique users and page views growing by 31 per cent and 48 per cent respectively in the third quarter. Publishing digital revenue grew by 24 per cent with publishing digital display advertising revenue growing by 33 per cent.
“We have seen an improvement in trends with underlying circulation and print advertising revenue for the publishing division falling by five per cent and 16 per cent respectively in the third quarter. This compares to underlying declines in circulation and print advertising revenues of five per cent and 23 per cent respectively in the second quarter.
“We continue to make good progress against our strategic initiatives and the business continues to deliver strong cash flows and remains on track to deliver structural cost savings of £20 million for the year.”
Read more, here.
The story is picked up by, among others, The Scotsman – here.
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A PROJECT – to produce a ‘confident and intelligent magazine which champions [Scotland] without being tribal’ – has launched a crowdfunding appeal.
Rattle is seeking £60,000, to allow it to establish itself, with the promise of publishing work by writers of the calibre of Neal Ascherson, Kevin Pringle, Isabel Hilton, Chris Deerin, Ruaridh Nicholl and Malcom Fraser.
Says the magazine’s pitch: “Rattle fulfills the need for comment from across the spectrum, a celebration of our creative achievements and coverage of global issues.”
Behind the project is allmediascotland.com co-founder, Alex Bell.
Support it, here.
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THE website, pressgazette.co.uk, has collated what it says are 221 complaints received by the press standards watchdog, the Independent Press Standards Organisation (IPSO), since its establishment, in September last year.
Check out – here – the breakdown of which titles were complained about and which of them were the subject of the 36 complaints that were upheld.
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WIDELY reported, following an interview published in The Sunday Telegraph: how former TV star, John Leslie, “lost everything overnight” after he was falsely accused of sexual assault.
And how the Edinburgh-born broadcaster – now appearing on the Bauer City 2 network of radio stations, with includes Forth2 – said that, as his career and finances collapsed around him, he had to start again to rebuild his life.
Read more, here.
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