Publishing

Readers Digest UK axes 75% of staff
Readers Digest UK has cut 95 staff from its 120-strong workforce with immediate effect, citing declining book, DVD and CD sales.

Arctic Paper gets boost from HarperCollins' bumper Hobbit print run
Arctic Paper has shipped more than 400 tonnes of Arctic Silk 130gsm for the production of four different books from HarperCollins based on <i>The Hobbit</i> film trilogy.

News International denies Times merger rumour
News International has denied claims that it is to merge <i>The Times</i> and <i>The Sunday Times</i> newspapers.

Trinity Mirror boosts unified management structure
Trinity Mirror has appointed two new members to its group to further its commitment to streamlining its regional and national titles.

Sun on Sunday sales boost overall newspaper circulation figures
The introduction of News International's The Sun on Sunday has created year-on-year growth in Sunday paper circulation, masking the continuing overall decline of the sector, the latest ABC figures...

Polestar begins restructuring
Polestar has moved quickly to begin restructuring its freshly-expanded operations after last month's purchase of the Goodhead businesses.

Industry awaits Goodhead announcement
The anticipated sale of Sir John Madejski's Goodhead Group is still to be confirmed.

Digital revenues boost Future's income
Publishing group Future has recorded a 26% increase in operating profit excluding exceptional items in its preliminary 2012 results despite continued losses on its print activities.

Johnston Press poaches Newsquest's sales director
Johnston Press has appointed Richard Thomson as its group newspaper sales director with effect from 7 January 2013.

Northcliffe sold to joint venture Local World
Regional newspaper rivals DMGT, Trinity Mirror and Yattendon Group have created Local World, a new publisher combining DMGT's Northcliffe division with Yattendon's Iliffe News & Media.