City AM Trumpets Resurgence of Print Profitability

City AM trumpets resurgence of print profitability

Free London business newspaper City AM has claimed a healthy return to print profitability over the last year. City AM chief executive Harry Owen told Press Gazette that the print newspaper had a gross profit margin of 50% last quarter excluding labour costs, as these are now hard to split between print and digital. This is up from around 25% in the first quarter of this year and a loss in early 2024. Overall (including digital) City AM’s earnin…

City AM returns to print profitability

Free London business newspaper City AM has claimed a healthy return to print profitability over the last year, reports Charlotte Tobitt of Press Gazette. Tobitt reports, “City AM chief executive Harry Owen told Press Gazette that the print newspaper had a gross profit margin of 50% last quarter excluding labour costs, as these are now hard to split […]

Free London business paper City AM says it returned to print profitability, with gross profit margin of 50% last quarter and EBIT up 52% from January to August

Charlotte Tobitt / Press Gazette: Free London business paper City AM says it returned to print profitability, with gross profit margin of 50% last quarter and EBIT up 52% from January to August  —  Free London business newspaper City AM has claimed a healthy return to print profitability over the last year.