Lebedev promises to keep funding Standard after another £20m loss
Following a rebrand and move to digital-first the total losses over eight years rise to nearly £125m Evgeny Lebedev, the owner of the Standard, has pledged to provide funds to keep the newspaper company going after it lost nearly £20m in the year before it went weekly.The paper, formerly the Evening Standard, which had been published daily in London for almost 200 years, was rebranded last autumn to make it a digital-first publication, supported by a weekly print edition, the London Standard. Continue reading...
Following a rebrand and move to digital-first the total losses over eight years rise to nearly £125m
Evgeny Lebedev, the owner of the Standard, has pledged to provide funds to keep the newspaper company going after it lost nearly £20m in the year before it went weekly.
The paper, formerly the Evening Standard, which had been published daily in London for almost 200 years, was rebranded last autumn to make it a digital-first publication, supported by a weekly print edition, the London Standard. Continue reading...
