Saturday, January 30, 2021

Out of his shell

Press Gazette reports on the financial health of Tortoise, the increasingly-topical-yet-self-avowedly-slow media operation headed by former BBC Director of News James Harding. It calculates the company could be bringing in subscriptions worth more than £3m a year, on a base of 50,000 paying subscribers on a range of packages. Paying subscribers are, says Mr Harding, 50% up on the previous year.

This would compare with reported losses of over £5m in 2019. 

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