Ann: H1 2018 Trading Update, page-40

At total company level partly yes but the post is addressing the specific declining performance of the subscription division which since acquisition continues to decline - if you look at the 1H18 reported results by division the Crowd Media costs are reported totally seperately as is Corporate.

In essence the total comany underlying EBITDA was down nearly $2.0m on pcp - the positive performance of the Q & A division ( EBITDA +$1m)was unable to offsett the decline of the subscription divsion (EBITDA - $1.6m) along side the investment in Crowd Media (EBITDA - $1.53m ).