Magazine publisher Emap has acquired Radio Forth and Radio Clyde from SRH (Scottish Radio Station) which is believed to save the firm 5 million pound in a year. However, it seems a tough year lying ahead for the magazine publisher as the sales in France took a deep slump. The downturn in public sector recruitment also caused dearly. The publisher expects the revenue to be flat in the current year and is sure that trading will remain difficult.
Smash Hits, the proverbial teen magazine is on the verge of closing and the French consumer magazine is also doing no good.
