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Independent Latest To Up Price

Independent Latest To Up Price

The Independent’s price rise, up to 40p as from yesterday, puts it in line with the Daily Telegraph, also now at 40p. News International’s Times, however, is still at the cheaper price of 30p. The Guardian, unscathed by the price war, is still the most expensive, at 45p. The price war has increased the quality daily market by over 200,000 copies since the Times cut its price in September 1993, with the majority of extra copies seemingly going to the Times. The Independent has been the only real casualty of the war. The Times now has a 25% market share, compared to 16% pre-price war.

ABC Total Apr-Sep’93 Market Share Jul-Dec’95 Market Share YoY % Ch Actual Change
Times 375,496 16 668,756 25 78.1 293,260
Financial Times 285,203 12 295,740 11 3.7 10,537
Daily Telegraph 1,017,291 42 1,052,928 39 3.5 35,637
Guardian 404,639 17 395,135 15 -2.3 -9,504
Independent 336,004 14 282,827 11 -12.9 -43,177
Total Market 2,418,633 2,705,386 11.9 286,753
Date Paper Price Change
02/09/93 Times 45p to 30p
23/06/94 Daily Telegraph 48p to 30p
24/06/94 Times 30p to 20p
01/08/94 Independent 50p to 30p
03/07/95 Times 20p to 25p
04/07/95 Daily Telegraph 30p to 35p
17/07/95 Independent 30p to 35p
11/11/95 Times 25p to 30p
20/11/95 Daily Telegraph 35p to 40p
22/01/96 Independent 35p to 40p

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