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It’s A Long Hard Slog To Make Free Newspapers Profitable
Philip M. Stone April 23, 2008
Publishing a free newspaper does not come cheap as Rupert Murdoch’s News International in London can attest with its thelondonpaper losing close to £17 million ($34 million, €13.5 million) in its first 10 months. And Metro International, the largest publisher of free newspapers around the world has reported a loss of €5.6 million, $8.9 million, £7 million) in the first quarter.
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