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Dark Clouds - again

  • 10-07-2015 10:28am
    #1
    IRE60
    Registered Users, Registered Users 2 Posts: 1,884 ✭✭✭


    I here on the wind that there are redundancies in the Daily Star this week, 12 I believe, and a few more to come in the building

    Ed: June ABC's out at 12:30 - see what the picture is then

    Ed(2): http://www.ilevel.ie/media-blog/print/abc-circulation-june-15

    Ed(3) corrected above


Comments

  • #2
    JTMan
    Registered Users, Registered Users 2 Posts: 5,558 ✭✭✭JTMan


    Your link points towards the May 2015 numbers.

    The June 2015 ABC UK in Ireland numbers are here. The UK numbers are here from Press Gazette.
    • 42,618 less UK newspapers sold in Ireland per day than a year ago.
    • Daily Mail up but only thanks to huge bulks.
    • Sunday Times sales still falling rapidly, sales down to 78,187.
    • Daily Star Sunday, People, Mirror sales all dropped significantly.
    I here on the wind that there are redundancies in the Daily Star this week, 12 I believe, and a few more to come in the building

    Subscribes to my theory that Desmond is bleeding every last drop of blood out of the Irish Daily Star. He is trying to match revenue declines with cost cuts to compensate. The strategy might work until you can cut no further and pulling the plug is the only option left.

    Desmond was interviewed in the IT lately on a trip to Dublin. He said that the was happy that the Irish Daily Star was now being run "commercially" (translation: they are doing the cuts I want). He said he previously had to make 1 trip a month to Ireland to ensure everything was running okay. He no longer needs to. (translation: he is happy with INM having day-to-day operational control).

    He also said he would be willing to buy the 50% not owned under the right circumstances. Strange. Latest reports indicate that Trinity Mirror will buy out Desmond's newspapers by December. This, as was previously indicated, might effect the 50/50 relationship.


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