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DCD cuts losses post Timeweave takeover

UK producer-distributor DCD Media has significantly cut its losses following a surprise takeover last year, but has seen revenues drop by £3.3 million (US$5 million). The firm made an operating loss of £1.9 million for the 12 months to December 31, 2012, compared with £5.7 million the previous year. However, revenues fell 17% to £16.1 […]