No Prospects: Lefty Mag’s Three-Year Plan Blows £500,000
Back in 2009 the publisher of lefty snooze-fest vanity project Prospect had high hopes for his monthly magazine. David Hanger boasted of a new £500,000 investment from venture capitalists and hedge fund managers that he pledged would double Prospect’s circulation, saying he “hoped that by the end of the three years, the magazine’s circulation would almost double from its current total of about 27,000 to more than 50,000″. Now those three years are well and truly up, Guido has decided to see if the investment came good.
Prospect’s ABC figures for March 2009 put their net total circulation at 27,623. The magazine’s all-important goal of 50,000 has turned out to be a distant pipe dream. The latest available figures put its circulation at just 32,115 three years on, a rise of just 16%. The real cause for concern is the the UK paid-for number. In 2009 they sold 18,122 copies every six months, but last year that number fell to just 16,555. Not even the box office hire James Macintyre could turn things around as their Political Editor. And as for David Hanger? He has seemingly been demoted from publisher to “publishing consultant”. Half-a-million pounds down the drain and nothing to show for it. Those venture capitalists and hedge fund managers really should have known better…
http://www.telegraph.co.uk/news/uknews/leveson-inquiry/9817625/L3v3son-EU-wants-power-to-sack-journalists.html
You ain’t seen me, right!
http://xhibit.justice.gov.uk/xhibit/southwark.htm
When will these idiots ever learn that Left Wing means lose or waste all the money?
Bugger
http://xhibit.justice.gov.uk/xhibit/southwark.htm
Dead tree press is er………….. Dead?
And little Prospect of a recovery.
I have been sayin just that for ages
Thanks fat boy! No one’s noticed Gideon’s fibs about ‘reducing the deficit’, and ‘baking in the recovery’! Will expect same from you, when credit rating agencies announce UK downgrade, post Q4 2012 triple-dip GDP figures announcement on Friday.
Toodle pip!
Sterling Crisis? What Sterling Crisis?!
I’m off to the Caribbean, to escape this pleb-made Global Warming.
George Osborne was forced to borrow millions of pounds more than expected last month in a fresh blow for the Chancellor’s hopes of getting the economy back on track.
New figures today reveal public sector borrowing reached £15.4billion in December, up 4 per cent year-on-year and higher than the City expected.
Mr Osborne has been forced to admit it will take longer than planned to balance the nation’s books, with austerity now expected to last until 2018.
http://www.dailymail.co.uk/news/article-2266355/Fresh-blow-Osborne-Treasury-forced-borrow-expected-December.html
Ha ha! Six months max., you Brit mongs’ll come begging to join the Euro, to escape hyperinflation caused by the collapsing piss pound.
It’s only other people’s money. We always run out of it.
No Prospect then ?
BTW, … first
congrats
I wuv 8illy.
actually I think you will find it was me who was first
First into Baroness Ashton’s front bottom maybe !
I think you will find it was me
no it was not
can we get your registered company number and details of your investors or is it all offshore so no one can know…..
Pissing money up the wall. It’s what we do.
It’s usually other peoples money to be accurate.
… and to be even more accurate, it is “other people’s money”.
As sales of the Guardian and New Statesman demonstrate, the number of people in the UK willing to pay good money to read dreary, predictable, finger-wagging, one-note lefty polemic is encouragingly small.
Perhaps their newsagents do not stock copies of the other papers.
Could somebody please tweet Abbott and ask her for her definition of pornography. We don’t want to ban the wrong stuff.
Anything that features fat bitch hypocrites.
That’s not porn, that’s just obscene.
why so many not paid for? WTF?
Is the red light on yet?
Let the tanking of the FTSE for today start.
FTSE 100 6176.12
Down
-4.86 -0.08%
Complete collapse !
The sky is falling!
Phew! At this rate by the end of September 2018 it will be back where Labour left it when the were ejected.
I hope the 5000 army redundancies announced today sends the correct message to anybody who doubts my cast iron commitment to fighting global terrorism and protecting the Falklands.
Global Terrorism – is that GOOD AL-CIAda in Syria and Libya, or BAD Al-CIAda in Algeria, Bradford and Tora Bora caves?
Look, please, no difficult questions, or I’ll have to knit my brow, put my head to one side while nodding, and then make authoritative hand gestures that I’ve practised with my PR people.
Lots of highly trained and disciplined ex-soldiers with nothing better to do…… can be dangerous…..
Cameron has to borrow to pay overseas aid and yet he can’t afford the army. It is disgusting.
Why would businesmen invest in a lefty idea? they always lose money.
Never seemed outstandingy Lefty, just dull, dull, dull; a place where B-list journos could print the more tired pieces the big boys would not take.
Or do I mean Standpoint? Aforesaid dull, B-list observations still apply. There’s more journalism on the market than people want to pay for.
Anything that uses a c-t ligature in its logo is bound to be a ponce-fest.
I beg yours?
Southwark. ‘Guido might just have to lunch in those parts tomorrow.’
Did he go?
Lunch is a fluid event, not only in regard to temporality.
Any object, wholly or partially immersed in a fluid, is buoyed up by a force equal to the weight of the fluid displaced by the object.
… therefore all fluids weigh the same? QED?
You Reeker…
10 … 9 … 8 ….
I can’t seem to shake this injuctivitus off, sniffle.
Wealth Warning
The value of investments can fall as well as rise and you may not get back the full value of your original investment.
Always remember ‘Your home is at risk if you set fire to it’
… especially as the *anchors get their cut up front, which never ever seems to be made up again no matter how long the contract runs.
proof that there’s at least 18122 shitty arsed little arse wipes like Owen Jones who have never had a proper job.
boring. who cares
more importantly huhne the hune is in court right now
Oh no I’m not hehehe
So Mitchell had a stamp with Bollocks on it?
Well, I had one of those 30 years ago and used it where appropriate.
but whose bollocks were they?
It’s a small world, just used the term “Bollocks” on the telephone to a well known Utility Company, do my communication skills need updating?.
It’s bad enough trawling through the Guardian and other SWP sh**e, prospect – a mag too far.
Maybe, in the interest of balance, you could post the sales figures of Standpoint, the right wing equivalent of Prospect?
http://bluecollartories.wordpress.com/
Who’d be stupid enough to invest in a left-wing news publication?
The dead-trees are in the shit anyway, never mind the left-wing bits, that are really in the shit.
Socialists are complete tight-arses with their own money, they never spend a penny on anything they can get online for free.
If they can’t cadge of someone else, they won’t bother.
An expensive gamble that didn’t make the performance hitlists.
‘Those venture capitalists and hedge fund managers really should have known better…’ you say
do the negligence lawyers re the idiots running pension funds who financed the hedgists?
good lolly here methinks!
I prospect for gold. Those venture capitalists should have come with me. I just bought a country.