Bauer Media saw its profits slip 9.5% in 2011 with revenue declining 7.2% year-on-year.

The publisher, which houses music brands such as Kerrang! Q and Mojo reported 2011 profits of £57m and revenue of £228m (down from £246m in 2010).

According to the latest ABC figures, Kerrang! recorded an average readership of 40,203 at the end of June this year – a 4.5% decline over six months - while Q dropped over 15,000 readers over the same period.

Bauer, which ...