Mark Allen Group posts pre-tax loss and writes off £5m from Bonhill purchase
Company doesn’t expect profit growth to return until 2027.
ByFighting for quality news media in the digital age.
Company doesn’t expect profit growth to return until 2027.
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Just over half of UK’s biggest media companies grew turnover year on year.
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Company “in good shape” and cash positive despite challenging year.
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Most top UK media companies grew their revenue in their most recent accounts.
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Digital information side of business will be sold separately.
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The deal covers flagship title The Moodie Davitt Report as well as its three travel industry events.
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B2B publisher “acquitted itself relatively well” despite increased costs in year to March 2023.
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Marketing and retention bosses at Hearst, Immediate and Mark Allen Group on how they keep subscribers.
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