RDA Holding has filed for a Chapter 11 bankruptcy in New York this week under an agreement that will result in converting approximately $465 million of secured notes to equity.
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The latest figures from NRS for the period January 2012 – December 2012 show that the national newspaper market experienced, with only a handful of exceptions, further year on year declines.
Newsline has collected the very best expert analysis – including views from MediaCom, Vizeum, Carat UK and Havas Media – on the latest Consumer ABC figures.
Today’s ABC release, for the July to December 2012 period, charts the continuing downward trend for the consumer magazine print market, with just a few exceptions.
The Home Interest consumer magazine market is down -2.2% overall since the last year on year (YoY) period, July – December.
The Women’s Weekly sector, which is down -13% on last year, has seen almost no positive gains for the period.
Free title John Lewis Edition remains at the top of the Women’s Lifestyle sector, recording growth of 3.3% over the previous period and up 2.3% Year on Year (YoY).
Overall TV Listings magazines were down -4.5% year on year (YoY).
Free titles Shortlist, Sport< and Shortlist Mode took the top three spots in the July - December 2012 period ahead of paid-for-titles Men's Health, GQ and FHM that follow in fourth, fifth and sixth place.
The Domestic News and Affairs market has largely seen little change after it completely bucked the downward consumer magazine trend in the last period, ending the year with 8.9% overall growth.