Skip to: Navigation | Content | Footer

Subs bureau Dovetail to be wound down

Dennis Publishing and Immediate Media Co – joint-owners of subscriptions bureau Dovetail Services – have decided not to renew their joint venture agreement when it expires in April this year.

Author: News Desk

Posted on: 31 January 2017 06:27

Subs bureau Dovetail to be wound down

Dovetail Services Managing Director Rupert Miles

The owners believe that the current market is over-served by existing providers and consolidation is inevitable. Additionally, say the joint owners, Dovetail has been consuming cash for some time and the investment required in the business no longer matches the opportunity in an uncertain market context. After several months of consideration, and given the range and strength of existing providers in the market, the owners say they have concluded it’s no longer in the best strategic interests of either shareholder to maintain ownership of a subscriptions management operation.

The shareholders have agreed to extend the joint venture to 31st January 2018 so that the company can continue to trade through 2017, while it undergoes a well-managed closure process. Alongside Dennis and Immediate, Dovetail provides subscriptions management services to a roster of independent publishers. Dovetail will now be focused on ensuring a smooth transition of services for all clients during 2017. Meanwhile, Dovetail staff affected by the decision are in consultation with management.

Dovetail Services Managing Director Rupert Miles says: “I believe that Dovetail staff have achieved much over the time that I have been with the company. I’m very proud of them and would like to thank them for their energy, enthusiasm and professionalism. Now, mindful of the wishes of the shareholders, I and the Dovetail team will focus our attention on ensuring all our clients are transitioned out of Dovetail as smoothly as possible.”

comments powered by Disqus

Most read on InPublishing

These are the most read stories on the InPublishing website over the last 14 days, in order from the top.

Articles

Rise of agenda-driven journalism

Liz Gerard
Posted on: 30 November 2017

The 3Ps of GDPR – Q&A

Hellen Beveridge
Posted on: 5 December 2017

My predictions for 2018

Jim Foster
Posted on: 30 November 2017

Hello! – Friend to the Stars

Ciar Byrne
Posted on: 30 November 2017

Off The Page

David Hepworth
Posted on: 30 November 2017

2017: The Future is Now

Peter Preston
Posted on: 30 November 2017

Adapt and invest to prosper

Steve Dyson
Posted on: 30 November 2017

The reader must pay!

James Evelegh
Posted on: 30 November 2017

The Vanity, Sanity and Reality of Digital Publishing

Tim De La Salle
Posted on: 30 November 2017

My Publishing Life – Mark Allen

Mark Allen
Posted on: 9 November 2017

This list is based on data from Google Analytics, and is refreshed every 24 hours. (Last updated: 17/12/2017 06:54)

Editor's Pick of Recent News Stories

Posted on: 15 December 2017
Posted on: 15 December 2017
Posted on: 14 December 2017
Posted on: 13 December 2017

Find out more about

Featured job

Publisher Account Executive
Salary: Competitive
Gold Key Media
Soho, London

Featured in InPublishing Jobs

InPub Weekly: Sign-up

Click here to sign up for our free weekly email newsletter:

Sign up now!

Magazine registration

Publishing Partners Guide