TMG revenue down in Q3; cost cuts called insufficient

29 Oct 2014
The third quarter of the current financial year was a disappointing one for Dutch publishing house Telegraaf Media Groep (TMG), which saw overall revenue drop 6.6 percent to €121.5 million ($155 million U.S.), and every single business unit ending with negative growth, TMG said (here).Revenue earned from advertising fell

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Anastasia Gnezditskaia

Anastasia Gnezditskaia has joined AIM Group in 2014 as a writer/analyst covering France, Belgium, the Netherlands and Eastern Europe. A Russian living in Antwerp, Belgium, she has a background working for trade publications covering markets and their regulation. She is educated at Moscow State Lomonosov University (MA in psychology) and Central European University (PhD in public policy). After obtaining her doctoral degree, she taught international political economy at George Washington University in Washington DC where she lived for 10 years. Following this she managed international development projects in Africa at the World Bank, and worked as a journalist covering Congress, federal government agencies and commodity markets, particularly shale gas development in North America.