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City AM to launch in Manchester | Print |  Email to a friend
Monday, 06 October 2008

City AM to launch in Manchester
Free London business paper, City AM , is expanding to Manchester and Edinburgh from spring 2009.

Last year they ditched similar plans believing that regional editions would "dilute the brand."

City AM to launch in Manchester
In the meantime, a number of business titles have already established themselves in the city including TheBusinessDesk.com and Crains with the MEN also increasing its daily business pagination from three to four pages.

The managing director of City AM, Lawson Muncaster is confident that they can be successful and aim to distribute up to 17,000 extra copies through the regional expansion.

What remains unclear is whether they will be employing staff in Manchester and Edinburgh to provide local, editorial content, or if it will just be a mirror of the London edition with some local copy and advertising.

80,000 copies of City AM are distributed to the City’s financial districts every day.

The paper claims it has just had its best month ever for distribution despite the credit crunch and City workers tightening their belts.

City AM reported a 45% rise in revenue to £3.5m for the six months to March this year against the year before. 

 

 

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  Comments (6)
RSS comments
 1 By Mark Hanson website, on 06-10-2008 11:37
Interesting move. City AM has found a great niche in the City, Canary Wharf and Mayfair. Very targeted content with a very targeted distribution. 
 
They'll need to adapt their content if its going to work in Manchester.
 2 By Mr Sock, on 06-10-2008 14:07
How many more business rags can Manchester sustain????
 3 By Zhukov, on 06-10-2008 20:16
Late entrants into an already crowded market during the worst financial crisis in living memory. 
 
Good luck to them!
 4 By Paulson, on 06-10-2008 23:54
Their first and last story will be about their own closure!
 5 By Smokejack Sj, on 07-10-2008 10:33
The problem with yet another business orientated paper (or rather another classified ads rag) is the quality and originality of the information that will be published. 
 
There are so many outlets online and offline for the same information most of it free that I just can't see where their success will come from (outside of London). 
 
Unless of course their ad rates start at pence? In which case it has nothing to do with the content.
 6 By Loggedoff, on 07-10-2008 14:14
Brave or foolhardy move, either way it will be tough making ends meet. 
Great for media buyers who will be driving a hard bargain with all the local rags.

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