Milestone: Digital Gains Offset Magazines’ Decline At Future
Magazine and web publisher Future has hit a key milestone in the media industry’s great transition - UK digital revenues made up for print revenue falls between October and December.
Digital circulation and advertising revenue growth of 51 percent from the previous year came thanks to Future having pushed 65 of its titles to iTunes Store upon Newsstand’s launch early in October.
The result is finally an encouraging sign of light at the end of the tunnel for legacy media businesses which have spent years attempting to transition their efforts from analogue to digital.
Future’s UK revenue for the quarter ...
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