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Johnston Press


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Writedowns on the wall at Johnston

IT LOOKS like Irish corporate financiers hoping that Johnston Press’s woes might see its 11 titles in the Republic being placed on the market again – thereby earning them a juicy fee – will be disappointed, for the time being at least.

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Writedown pushes Johnston Press deep into red

A mammoth £109m write-down related to the declining worth of its titles pushed regional newspaper publisher Johnston Press, the owner of the Scotsman and Evening News, deep into the red, the group’s latest financial results revealed yesterday.

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Johnston Press ad revenues drop 21pc

Johnston Press ad revenues drop 21pcBy Dominic WhiteJohnston Press shocked the market with news that advertising revenues had plunged 21pc in the first seven weeks of its second half, sending shares in the regional newspaper group tumbling 7pc.The company, which is 20pc owned by Malaysian investment firm Usaha Tegas, also fell £116m into the red in the first half after taking an impairment charge of...

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Johnston Press hit by house market woes as property advertising slides

JOHNSTON Press yesterday revealed that tumbling returns from the property and job markets had left its advertising revenues down more than a fifth.

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Johnston Press classified collapse makes gloomy reading

Johnston Press, owner of The Scotsman and the Yorkshire Post, admitted yesterday that newspaper advertising revenues had plunged 23 per cent in the first three weeks of August - the fastest rate of decline that the group had experienced this year.

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Johnston Press profits fall 16% after sharp drop in ad revenues

The woes of Johnston Press, the regional newspaper group, continued yesterday as it posted a 15.6 per cent fall in operating profits following a substantial fall in ad sales.

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More Gloom For UK Newspapers, Web Gains Not Offsetting Economy

The outlook for UK news publishers is as gray and overcast as this summer's weather has been , as the latest earnings testify. Johnston Press, the country's second largest regional news company with 300 weekly titles and 323 websites, saw pre-tax profit slump 18.1 percent to £62.5 million ($115 million) in the six months to June 30, as the economic downturn grew sharper and hit advertising, especially...

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Johnston sees difficult ad environment continuing

LONDON (Reuters) - Regional newspaper group Johnston Press missed expectations for first-half sales as advertising sales fell 10 percent, and it said they fell a further 21 percent in the first seven weeks of the second half.

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Johnston Press cut to sell from neutral at Goldman

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.

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Earnings: Johnston Digital Sales Up 52.1 Percent This Year, Dividend Cancelled

The Scotsman publisher Johnston Press's earnings are a sorry site for a grey, drizzly morning. Yes, the group saw digital revenue grow 52.1 percent to an unstated figure in the six months to June 30. But overall advertising revenue fell 9.5 percent, causing tre-tax profit to slump 18.1 percent year-on-year to £62.5 million, on 6.3 percent worse revenue of £293.1 million. Johnston is in trouble. It...

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Johnston scraps payout as ads plunge 21%

Johnston Press, the regional newspaper group whose titles include The Scotsman and The Yorkshire Post, revealed that advertising revenues in July and the first three weeks of August plunged by 21 per cent, as the rate of decline continued to accelerate as the economy slowdown.

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Johnston Press reports more bad news

The owner of the Scotsman and Yorkshire Post illustrated the challenges facing the regional newspaper industry on Wednesday after reporting a near 10 per cent fall in revenues for the first six months of the year and saying the second half will be worse

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Johnston sees profits slide

EVENING NEWS publisher Johnston Press saw profits drop more than 15 per cent over the first half of the year, after a fall in advertising revenue of 9.5 per cent.

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Johnston Press takes £100m hit after buying spree

THE struggling newspaper group Johnston Press will this week will be stung by a £100m-plus impairment charge and is expected to scrap its interim dividend as it closes in on selecting a new chief executive.

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Www.OSIR.org.in - Johnston Press: the uncomfortable truth - Guardian Blogs

National Union of Journalists’ representatives from across Johnston Press’s main publishing centres have unanimously backed a motion of no confidence in the company’s senior management and urged shareholders and communities to act to save their local Source: blogs.guardian.co.uk ‘All journalism is drivel’ - The InquirerJOURNALIST NICK DAVIES has written a coruscating attack on UK [...]