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Johnston Press shares hit record low as new data rules bite

Tuesday, June 05, 2018 - 01:39

British regional newspaper publisher Johnston Press Plc said European changes to data privacy rules were hitting its online advertising revenue, hammering its shares and threatening the one area of reliable growth for the industry. As Thuy Ong reports, its stock plunged 17 percent in early trading to a new record low, while rivals also slipped.

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British regional newspaper publisher Johnston Press Plc said European changes to data privacy rules were hitting its online advertising revenue, hammering its shares and threatening the one area of reliable growth for the industry. As Thuy Ong reports, its stock plunged 17 percent in early trading to a new record low, while rivals also slipped.

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Johnston Press shares hit record low as new data rules bite

Tuesday, June 05, 2018 - 01:39