Johnston Press is trying to dispose of its Irish newspapers. According to the Sunday Times in Ireland, the company "is in advanced talks" to sell its 12 Irish titles to the British advertising executive Malcolm Denmark.The indebted publisher paid about £115m in 2005 to acquire the stable of regional and local papers that includes the Limerick Leader, Donegal Democrat and Kilkenny People.But the story suggests Johnston would be prepared to accept just £10m from Denmark, who has set up a new company, Iconic Newspapers, to effect the takeover.His main firm, Mediaforce, is an agency that places advertisements and inserts in newspapers and magazines in Ireland and Britain. That almost certainly means his deal would require approval from Ireland's competition watchdog.Denmark would have to convince the authority (and rival publishers) that there would not be a conflict of interest between the advertising and publishing divisions.Johnston has slimmed down its Irish business in recent years in the face of ever-declining profits. Last year it closed the Offaly Express in Tullamore, having previously sold off the Tallaght Echo. The sell-off should be seen in the context of the strategy being pursued by Johnston's chief executive, Ashley Highfield, who is trying to ease the burden of the company's £300m debt pile. However, it appears that Johnston's newspapers in Northern Ireland, such as the Derry Journal and the Ballymena Times, are not included in the sale talks with Denmark.... Continue reading at 'The Guardian'
[ The Guardian | 2013-12-02 00:00:00 UTC ]
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Johnston Press is trying to dispose of its Irish newspapers. According to the Sunday Times in Ireland, the company "is in advanced talks" to sell its 12 Irish titles to the British advertising executive Malcolm Denmark.The indebted publisher paid about £115m in 2005 to acquire the stable of... Continue reading at The Guardian
[ The Guardian | 2013-12-02 00:00:00 UTC ]
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Cut-price national owned by Evgeny Lebedev sells about 275,000 copies daily, and has been seen as key in helping stablemate the Independent stay afloatJohnston Press is in advanced talks to buy the i, the cut-price national newspaper owned by Evgeny Lebedev, in a move which multiple sources say... Continue reading at The Guardian
[ The Guardian | 2016-02-11 00:00:00 UTC ]
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Johnston Press plans to file for administration with its assets then immediately sold to its lenders. Continue reading at BBC News
[ BBC News | 2018-11-17 00:00:00 UTC ]
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The company will continue to publish more than 200 titles but the deal has been criticised by its largest shareholder and the NUJScores of local newspapers as well as titles including the i, the Yorkshire Post and the Scotsman, will continue to publish after its troubled owner agreed a deal to... Continue reading at The Guardian
[ The Guardian | 2018-11-17 00:00:00 UTC ]
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Johnston Press, which also publishes the Scotsman and the Yorkshire Post, is seeking a buyer. Continue reading at BBC News
[ BBC News | 2018-10-11 00:00:00 UTC ]
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Johnston Press employees in Ireland have received notices informing them that the terms of their employment contracts will be switched to a new company, Formpress Publishing Ltd, later this week.They believe it to be a precursor to the publisher's newspapers being sold to the company, which was... Continue reading at The Guardian
[ The Guardian | 2014-02-11 00:00:00 UTC ]
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America’s Newspapers—the association formed from the merger of the Inland Press Association and Southern Newspaper Publishers Association—was ceremonially launched Oct. Continue reading at Editor & Publisher
[ Editor & Publisher | 2019-10-07 15:10:01 UTC ]
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BuzzFeed is negotiating a sale of much of Complex Networks for under $140 million, less than half of what it paid to acquire it two years ago. Continue reading at The New York Times
[ The New York Times | 2023-10-27 16:26:21 UTC ]
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One of the world’s oldest newspapers, the Vienna-based Wiener Zeitung, is ending its daily print run after more than three centuries Continue reading at ABC News
[ ABC News | 2023-06-30 10:46:38 UTC ]
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Johnston, longtime president of the Canadian children's book publisher, is leaving the company. Kids Can will now be led by Lara Caplan, Naseem Hrab, and Sarah Labrie, who have been given expanded roles. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-04-25 04:00:00 UTC ]
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Ilex Press, an imprint of the Octopus Publishing Group, has acquired Talk Art: Everything You Wanted to Know About Contemporary Art but Were Afraid to Ask by actor Russell Tovey and gallerist Robert Diament. Continue reading at The Bookseller
[ The Bookseller | 2020-10-15 01:00:34 UTC ]
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Pushkin Press has sold North American rights to Penguin Books US for How to be a Fascist by Italian author and politician Michela Murgia. Continue reading at The Bookseller
[ The Bookseller | 2020-01-14 03:52:42 UTC ]
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Highlights has sold its trade book publishing arm to Kane Press, effective immediately. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-05-02 04:00:00 UTC ]
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Welcome to Ad Age's Wake-Up Call, our daily roundup of advertising, marketing, media and digital news. You can get an audio version of this briefing on your Alexa device. Search for "Ad Age" under "Skills" in the Alexa app. What people are talking about today: The Chicago Tribune has a scoop... Continue reading at Advertising Age
[ Advertising Age | 2018-08-09 00:00:00 UTC ]
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Welcome to Ad Age's Wake-Up Call, our daily roundup of advertising, marketing, media and digital news. You can get an audio version of this briefing on your Alexa device. Search for "Ad Age" under "Skills" in the Alexa app.What people are talking about today: On Saturday, Fiat Chrysler... Continue reading at Advertising Age
[ Advertising Age | 2018-07-23 00:00:00 UTC ]
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lllustrated publisher Quarto has announced it is considering a sale, following a preliminary approach from a third party to acquire it at "a price that the board considers attractive and reflective of the inherent value of the business as a global publishing platform". Continue reading at The Bookseller
[ The Bookseller | 2017-08-09 00:00:00 UTC ]
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Scottish independent Freight Books has revealed that it is "exploring the opportunity" to sell off the company. Continue reading at The Bookseller
[ The Bookseller | 2017-06-09 00:00:00 UTC ]
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Bob Johnston, owner of The Gutter Bookshop, has won The O'Brien Press Bookseller of the Year Award in Ireland for his “immense” commitment to bookselling. Continue reading at The Bookseller
[ The Bookseller | 2016-03-09 00:00:00 UTC ]
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But Simon Fox might like to reconsider whether that New Day title is right...So two newspaper publishing chiefs who have made much of a pursuing a digital future are showing a renewed, and touching, faith in print.Trinity Mirror’s Simon Fox is overseeing the launch of a new daily while Johnston... Continue reading at The Guardian
[ The Guardian | 2016-02-18 00:00:00 UTC ]
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Regional newspaper publisher’s liability stood at £90m a year agoJohnston Press, the regional newspaper publisher with a big pension scheme commitment, has managed to reduce the deficit by more than £50m.In a statement on its website, the company points out that the deficit stood at £90m in... Continue reading at The Guardian
[ The Guardian | 2016-02-03 00:00:00 UTC ]
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