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 ]
News tagged with:
#previously sold
#ashley highfield
#derry journal
#ballymena times
BBC is selling Lonely Planet, to NC2 Media, a Nashville-based digital media company, for $77.8 million — a $120 million less than what BBC bought it for in 2007. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2013-03-24 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#$120 million
Eric Schmidt, the executive chairman of Google, has said that the internet giant is willing to launch a similar "digital publishing innovation fund" in the UK to the one it launched in France last month. When asked by the Guardian&rsquo ... Continue reading at Editor & Publisher
[ Editor & Publisher | 2013-03-22 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#uk newspapers
#eric schmidt
#executive chairman
Yardley-based newspaper publisher Journal Register Co. Thursday won court approval to sell its assets to an affiliate of its current owner in exchange for $114 million in secured debt and about $6 million in cash, Bloomberg reported. A New York-bas ... Continue reading at Editor & Publisher
[ Editor & Publisher | 2013-03-22 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#$114 million
#current owner
#bloomberg reported
Ingram has announced the addition of three new publisher clients: The Mother Company, Mandevilla Press, and The Law School Admission Council (LSAC). Continue reading at Publishers Weekly
[ Publishers Weekly | 2013-03-20 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#ingram adds
#publisher clients
Stockholm Text, a young publishing house translating and publishing Swedish literature in English, share lessons learned from their first year in business. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2013-03-20 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#stockholm text
A switch to online content among newspaper readers in the U.S. has put pressure on the profits of publishers of traditional newspapers such as the New York Times. The same trend is affecting traditional newspaper publishers in Greater China, too. Continue reading at Editor & Publisher
[ Editor & Publisher | 2013-03-18 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#greater china
#newspaper advertising
#online content
#newspaper readers
#traditional newspapers
After 45 years in Northern California, Pomegranate Press is moving its warehouse and offices to a 100,000 sq. ft. building in Portland, Ore.— both as a cost-saving measure and as a means of returning to an urban environment. Continue reading at Publishers Weekly
[ Publishers Weekly | 2013-03-16 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#northern california
#cost-saving measure
Tribune Co. has hired investment bankers to advise the media company on the sale of its newspaper publishing unit, according to a source familiar with the matter. Continue reading at Los Angeles Times
[ Los Angeles Times | 2013-02-27 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#explore sale
#newspaper unit
#media company
#source familiar
Human Events, the venerable Washington-based conservative newspaper, will cease publishing its weekly print edition after nearly 70 years but will continue to operate its popular websites, the publisher announced Wednesday. Continue reading at Editor & Publisher
[ Editor & Publisher | 2013-02-27 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#popular websites
#publisher announced
Life of Pi has sold 'pi' number of books, selling 3,141,593 copies in all editions.... Continue reading at The Bookseller
[ The Bookseller | 2013-02-20 00:00:00 UTC ]
More news stories like this |
Hilary Mantel's Wolf Hall has climbed the Amazon charts following saturation media coverage... Continue reading at The Bookseller
[ The Bookseller | 2013-02-20 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#hilary mantel
#wolf hall
#amazon charts
Four top publishers Tuesday reaffirmed their commitment to print and discussed revenue ideas for bolstering their products. The discussion was part of an executive roundtable at the Key Executives Mega Conference in New Orleans. The publishers of ... Continue reading at Editor & Publisher
[ Editor & Publisher | 2013-02-20 00:00:00 UTC ]
More news stories like this |
"Horrible Histories" author Terry Deary told a newspaper that public libraries are a drain on government resources that deprive authors of royalty checks. Best-selling childrens' book author Terry Deary has become the first major writer to speak up against the concept of public libraries. In... Continue reading at Fast Company
[ Fast Company | 2013-02-19 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#alison flood
#book industry
#read books
The Southern California author's first story collection draws from his experiences in high school basketball, plumbing sales and more.There's a subtle arc to Jim Gavin's first book, "Middle Men" (Simon & Schuster: 224 pp., $23). Gathering seven stories largely set in Southern California, it... Continue reading at Los Angeles Times
[ Los Angeles Times | 2013-02-16 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#simon schuster
#southern california
PHOENIX – Despite objections from newspaper publishers, a House committee endorsed two bills Thursday that would allow local governments to publish public notices online rather than in newspapers. Rep. David W. Stevens, R-Sierra Vista, ch ... Continue reading at Editor & Publisher
[ Editor & Publisher | 2013-02-15 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#newspaper publishers
Amazon has patented a technology that allows customers to sell their previously read ebooks, audiobooks, music and movies in the same way that they can now sell print books, DVDs, and CDs. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2013-02-12 00:00:00 UTC ]
More news stories like this |
Bonnier-owned Templar Publishing has bought fellow children's publisher Piccadilly Press,... Continue reading at The Bookseller
[ The Bookseller | 2013-02-01 00:00:00 UTC ]
More news stories like this |
Pushkin Press is launching a children’s imprint, Pushkin Children's Books, for publishing works that have had success overseas but have not found a publisher in the UK. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2013-01-30 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#pushkin children
#pushkin press
#publishing works
Major publishers are taking wildly different approaches to resolving the woes surrounding ebook lending at libraries: they're experimenting with both the short-yet-cheap subscription as well as an expensive option to pay only once for perpetual use. Sure enough, we're now seeing the middle road.... Continue reading at Engadget
[ Engadget | 2013-01-26 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#pilot project
#door open
#gain traction
#perennial favorite