Private Frazer’s Doomed Magazines

July 22, 2009

Euro (less) money

Filed under: B2B magazines,figures — privatefraser @ 4:45 pm

According to the their latest trading statement, total revenues are down 11% at Euromoney – or an unpleasant 22% when one factors in the poor performance of the pound.

And there’s more.

As expected, the rate of subscription revenue growth is now declining …  The declines in advertising, sponsorship and delegate revenues, …, have continued at similar rates to those experienced in the second quarter.

So, the stuff that was doing badly continues to cause pain and the stuff that was going okay has started tanking.

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