Daily Mail & General Trust is to combine its national and regional operations, bringing together the newspaper and digital assets of Associated Newspapers and Northcliffe Media under the banner A&N Media.
The restructure will see Kevin Beatty, group managing director of Associated Newspapers, become the chief executive of A&N Media, while Michael Pelosi will remain managing director of Northcliffe Media.
DMGT said in a statement: “A&N Media will continue to deliver all its consumer newspaper and digital brands through Associated Newspapers Ltd and Northcliffe Media Ltd, while realising the efficiencies that this combination brings about.”
In July DMGT reported year on year revenue growth of 5% for the third quarter, with ad revenues at Associated Newspapers and Associated Northcliffe Digital down by 3% year on year (see DMGT Reports 5% Revenue Growth).
Ad revenues from Associated’s newspaper business were down by 5%, with display falling 5% and classified down 9%.
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