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25-05-11, 01:45 PM
Join Date: Jul 2009
Location: Toronto, ON, Canada
Originally Posted by
HE is the EDITOR of this site, he is in charge - at least about what is posted and written about on this site!! Yes, my understanding of editors is that you have bean-counters to answer to, but in that position, you make the calls about what is published and what is not. It is just a (continuing) lack of communication between 'us' and 'them'. I haven't seen or heard any of the PR staff on here for weeks.
It depends on how empowered he is. They have people in charge of groups of publications that Marcus and Geoff (DCM) and and Chris (P+) report to. I do not have a magazine with me, but some of this is listed on the details page where the editors and contributors, etc are listed. Given that Future has so many publications they have a bureaucracy before things get to the top with CEO Stevie Spring.
I would expect changes soon, changes cost money. Looking at Future's half year we see this:
Results: H1 11 H1 10
Revenue £68.8m £71.4m
EBITA * £2.4m £4.4m
EBITA margin 3.5% 6.2%
Operating profit £1.8m £3.0m
Reported Pre-tax profit £1.2m £2.2m
Earnings per share (p) 0.2p 0.4p
Adj ** earnings/share (p) 0.4p 0.7p
Dividends (p/share) 0.5p 0.5p
* EBITA represents operating profit before amortisation of intangible assets.
** Adjusted earnings per share are based on statutory results, but exclude amortisation of intangibles and related tax effects.
So, revenue is down, profits are down.
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