Media

Evening Standard lost £28.3m in months before going free, now breaking even

Darren Atwater | Wednesday 7 July, 2010 10:36

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According to The Guardian, “made a loss of £28.3m in the 10 months to early 0ctober last year” including “£9.9m of exceptional restructuring costs including redundancies and moving from a paid-for title to a freesheet.”

Yet, a mere nine months later, the Standard is breaking even. For one single day, at least.

Meanwhile, how is it going over at the paywall-hidden Times? Not so well, it seems: Times’ pay wall results in 60 pct drop in traffic, competitors’ benefit

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