View all newsletters
Sign up for our free email newsletters

Fighting for quality news media in the digital age.

  1. News
April 20, 2010

Reed: RBI revenues expected to fall in 2010

By admin

Gloomy fortunes seem to beckon for Reed Business Information. Parent company Reed Elsevier put out an interim management statement this morning, ahead of its AGM in Amsterdam, which said that revenues at RBI were expected to fall further in 2010.

Profits at RBI – which includes UK magazine brands such as Farmers Weekly, News Scientist and Flight International – slumped by more than a third in 2009, parent company Reed revealed last month.

Reed said today pressure was being put on RBI’s subscriptions and ad markets continued to be ‘difficult’despite its growth in its data services.

Reed said it would continue to ‘reengineer’the RBI portfolio – namely selling RBI Germany and closing a load of its US magazines – and that it would continue to reduce costs.

Email pged@pressgazette.co.uk to point out mistakes, provide story tips or send in a letter for publication on our "Letters Page" blog

Select and enter your email address Weekly insight into the big strategic issues affecting the future of the news industry. Essential reading for media leaders every Thursday. Your morning brew of news about the world of news from Press Gazette and elsewhere in the media. Sent at around 10am UK time. Our weekly dose of strategic insight about the future of news media aimed at US readers. A fortnightly update from the front-line of news and advertising. Aimed at marketers and those involved in the advertising industry.
  • Business owner/co-owner
  • CEO
  • COO
  • CFO
  • CTO
  • Chairperson
  • Non-Exec Director
  • Other C-Suite
  • Managing Director
  • President/Partner
  • Senior Executive/SVP or Corporate VP or equivalent
  • Director or equivalent
  • Group or Senior Manager
  • Head of Department/Function
  • Manager
  • Non-manager
  • Retired
  • Other
Visit our privacy Policy for more information about our services, how Progressive Media Investments may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications.
Thank you

Thanks for subscribing.

Websites in our network