Mecom Denmark hurt by freesheet war

The profits of the Danish part of UK-based media group Mecom dropped with 63% to €3.7m in the first six months of 2008 compared to the same period in 2007. Mecom publishes paid papers and free daily Urban in Denmark.

One of the reasons was the heavy competition in Denmark between (and among) free and paid dailies. Advertising revenues fell with 13%. (Times Online).

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