Loss widens at Oldham Chronicle
HIRST Kidd & Rennie, the company behind the Oldham Evening Chronicle, made wider losses this year as the regional media sector continued to suffer from high production costs and reduced advertising revenue.
Losses in the year to March 2008 rose from £410,069 to £1.45m. Turnover was down too - £4.78m, compared with £4.96m.
The figures reflect tough trading conditions across the newspaper business. Johnston Press and Trinity Mirror, which both have titles in the North West, reported a sharp slide in advertising re... For the full story register now for free or login below...