The Telegraph Media Group have made a another year very successful for themselves. They made more than £60m profit last year. This is known as their third very successful year that the company managed to increase its profits. Sirs David and Frederick Barclay both owners of the the Daily and Sunday Telegraph refuse to obey the newspaper publishing sectors downward market trend. Rival titles, such as The Times, The Independent and The Guardian, have been recording losses for several years. In 2012, TMG made £58.4m, and in 2011 its profit was £55.7m.Evidently, TMG's advertising revenues have remained relatively stable. It has also enjoyed a boost in subscriptions since it launched its online metered paywall. That was introduced internationally in November 2012 and was extended for domestic users in March 2013.
Key statistics:
Telegraph Media Group have made a £60m profit in 2013
In 2011 they made £55.7m profit
The Guardian, The Times and The Independent, have been reporting losses for several years now.
My View:
I think they as the Telegraph media group has made such an big amount of profit last year, this means the business is doing very well. It shows how Newspapers are still on going and are not in decline. The reason why i think this is because of the amount of profit made. Even though it has a paywall it is still very successful, unlike other companies like the Guardian who are giving most of their content away for free, but are still make a loss in there business.I think companies who are making a loss should either close the company or think of a different way to attract the audience, as newspapers are not in demand as they were in the olden days.
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