Mark Allen Group posts pre-tax loss and writes off £5m from Bonhill purchase
Company doesn’t expect profit growth to return until 2027.
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Fighting for quality news media in the digital age.
Company doesn’t expect profit growth to return until 2027.
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Deal expected to complete in Q2 after three years of “damaging uncertainty”.
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‘Highbrow tabloid’ has more than 100,000 paying subscribers plus thousands on Substack and Youtube.
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Cafeyn now owns and operates Readly in the UK, Germany, Australia and Switzerland.
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Tucker has made some tough choices and shaken up newsroom since 2023.
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Hero Media & Entertainment launches with portfolio of predominantly Scottish business newsbrands.
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Fifteen-month sale process also impacted advertising and events revenue.
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Company is now worth just £267m despite spending £1.6bn on acquisitions.
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