It's not so 'strait' forward.
report, citing an unnamed SPT spokesperson noted that the discrepancy amounted to around 85,000 and 95,000 daily average copies across all of SPT’s titles, representing 10 to 12 per cent of its daily average circulation.were printed, counted for circulation and then destroyed; as well as double-counting of subscriptions across multiple instancesHowever, the article did not name any of the executives who left the company or were “taken to task”, nor explain what exactly “taken to task” means.
The story also quoted an email from SPH group editor-in-chief Wong Wei Kong to his staff saying the disclosure of the inflated figures “…was painful, but necessary to put right what was once unknown, but now known. There is no choice – we cannot possibly continue reporting numbers that would now be questioned.”
The quote suggests that SPT disclosed the discrepancy on its own for the sake of transparency. But the timing of the disclosure, the day afterpublished their article breaking the news, calls into question when SPT would have let the public and advertisers know about it otherwise. SPT’s statement that circulation figures weren’t linked to ad rates clearly didn’t placate advertisers.saying the trade body was “disappointed that such an incident has occurred.
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SGX reviewing SPH Media circulation information; investor watchdog urges 'no let up' if market deliberately misledSINGAPORE — The operator of Singapore's stock market, the Singapore Exchange (SGX) Group, is reviewing SPH Media’s circulation information, following news that the organisation inflated the circulation numbers of some of its publications by 10 to 12 per cent.
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SPH Media’s inflated circulation numbers could erode trust of readers and business partners: Marketing expertsMisleading data could result in ineffective advertising spending and lower business sales, says one senior marketing lecturer.
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'Absolute transparency is needed': Advertising and marketing industry body expresses disappointment in SPH Media caseThe Association of Advertising & Marketing Singapore (AAMS) said one would expect SPH's responsibility to extend well beyond just commercial boundaries, given its role as a national medium.
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'Absolute transparency is needed': Advertising and marketing industry body expresses disappointment in SPH Media caseSINGAPORE — The Association of Advertising and Marketing Singapore (AAMS) expressed disappointment following news of SPH Media's inflation of circulation numbers, saying that absolute transparency is needed from a major news group that not just generations of Singaporeans, but so many local and multinationa
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Lee Hsien Yang uses PM Lee's famous words, says for SPH Media trust circulation issues we should 'Call a spade a spade' - Singapore News'Call a spade a spade. Isn't this just plain fraud?' Mr Lee, younger brother to Prime Minister Lee Hsien Loong said.
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France not opposed to an equity rebalancing in Renault-Nissan alliance - Les EchosPARIS :The French state supports a reshaping of the Renault-Nissan alliance and will not oppose a rebalancing of the equity stakes that the two carmakers hold in each other, Les Echos reported on Tuesday.Les Echos, citing unnamed sources, reported that French President Emmanuel Macron made the assurances to J
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