Newspaper article The Morning Bulletin (Rockhampton, Australia)

APN Plans to Cash in on Impressive Growth in Digital Market

Newspaper article The Morning Bulletin (Rockhampton, Australia)

APN Plans to Cash in on Impressive Growth in Digital Market

Article excerpt

DIGITAL growth - in both revenue and audience - continues to be one of the high points for publisher Australian Regional Media, half-year profit results have confirmed.

As ARM's owner, APN reported revenue growth of 5% across its businesses and revealed digital revenues at ARM had surged 40% on a year-on-year basis.

The announcement came as ARM, publisher of this title, confirmed a digital subscription model would be in place at one of its flagship titles, The Chronicle in Toowoomba, from next Tuesday.

Significantly, ARM has partnered with News Corp to give paying digital readers access to not only The Chronicle, but also The Courier-Mail for a launch price of $3 a week.

Digital audiences have continued to rise, with ARM now reaching 1.8 million people each month through print and online - a record audience in its history.

APN's new chief executive, former Australian Radio Network boss Ciaran Davis, told staff in an email yesterday: "This marks a significant moment in the history of publishing in Australia as the country's first regional news website implements a digital subscription model. …

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