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Advertising slump hurts Johnston

11th March 2010

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A SHARP 26% decline in advertising revenues left regional newspaper publisher Johnston Press, owner of the Yorkshire Post, nursing a heavy loss last year.

But the Edinburgh-based group, which owns a string of titles in the region including The Star in Sheffield,  said a "measure of month on month stability" had returned to its markets and declines in circulation had slowed from -7.8% to -6.3% at its daily titles.

In the year to January 2 the group recorded sales of £428m, down 20%, while the previous year'......for the full story register now for free or login below...


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