Dawson Holdings dropped by News International
Posted by Emily Dilling on June 19, 2009 at 3:34 AM
Dawson Holdings Plc. announced that News International Distribution Ltd. has terminated its contract with the newspaper and magazine distributer, Reuters reported.
The contract termination, which is said to be effective "almost immediately" is one of a series of lost clients for Dawson HJoldings, including the Trinity Mirror and Marketforce, who will not renew their contracts with the company this year. Significant losses were also suffered when Telegraph Media Group, the Associated Newspapers and COMAG pulled out of their contracts over the last year.
The contract termination, which is said to be effective "almost immediately" is one of a series of lost clients for Dawson HJoldings, including the Trinity Mirror and Marketforce, who will not renew their contracts with the company this year. Significant losses were also suffered when Telegraph Media Group, the Associated Newspapers and COMAG pulled out of their contracts over the last year.
Dawson Holdings called the loss of the News International contract "disappointing" as the company expected a 30 million pound return from the deal.
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