After moving their print media portfolios toward digital subscription models, Centaur Media, PLC and Informa, PLC have reported improved digital revenues, reports paidContent.org. Centaur's digital revenue rose 10% over the second half of 2011, comprising 32% of the company's overall revenue of £8.5 million ($13.3 million). Informa reported its 2011 digital revenue made up 74% of its total.
However, Informa's annual profit dropped 25% to £74.3 million ($116.5 million), while Centaur slimmed its half-year loss by £100,000 to £1.5 million ($2.35 million).
Centaur recently closed several of its print titles, including New Media Age, to focus more on online business operations. Centaur recently acquired The Profile Group (UK) Ltd. for £8 million ($12.5 million). Informa's ebook sales rose 11% last year to make up 12% of academic book sales. The company will make its book catalogue available through Taylor & Francis Online; its portfolio also includes Routledge.