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Maximum Media's UK business suffers £1.7m loss as debt pile hits £7.3m

 

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Niall McGarry

Niall McGarry

Niall McGarry

Joe Media, Irish online publisher Maximum Media's UK arm, has reported a £1.7m (€2m) loss in accounts for 2018.

The UK subsidiary, which hosts Joe.co.uk, had debts of around £7.3m, of which £6.4m was owed to its parent company. Joe Media's 2018 accounts also included a statement that the company had incurred a loss last year.


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