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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Looking to leverage recent critical and financial successes, the literary publisher Graywolf Press is embarking on several new initiatives to further boost its visibility and to reflect that it is, in new marketing director Michael Taeckens’s words, “entering a new era.” Continue reading at Publishers Weekly
[ Publishers Weekly | 2012-11-23 00:00:00 UTC ]
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HarperCollins is in early talks about merging with Simon & Schuster, according to reports in... Continue reading at The Bookseller
[ The Bookseller | 2012-11-21 00:00:00 UTC ]
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Australian publisher APN is putting its South Island newspapers on the block including The Star in Christchurch and the Oamaru Mail. It is also intending to sell the Capital Community Newspaper group in Wellington but is keeping the weekly free Kap ... Continue reading at Editor & Publisher
[ Editor & Publisher | 2012-11-19 00:00:00 UTC ]
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Simon & Schuster UK has acquired world rights to a “stop-press” publication by... Continue reading at The Bookseller
[ The Bookseller | 2012-11-12 00:00:00 UTC ]
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Headline imprint Tinder Press has acquired two new novels by Patrick Gale, who moves from Fourth... Continue reading at The Bookseller
[ The Bookseller | 2012-11-09 00:00:00 UTC ]
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In a move that could provide a boost to the small but growing digital comic book business, DC Comics has signed deals to sell comics through online stores owned by Apple, Amazon and Barnes & Noble. Continue reading at Los Angeles Times
[ Los Angeles Times | 2012-11-08 00:00:00 UTC ]
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The University of Chicago Press has signed two new distribution clients: the American Alliance of Museums Press and the Missouri History Museum. Continue reading at Publishers Weekly
[ Publishers Weekly | 2012-11-07 00:00:00 UTC ]
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Penguin Press title Private Empire: ExxonMobil and American Power has won the Financial... Continue reading at The Bookseller
[ The Bookseller | 2012-11-02 00:00:00 UTC ]
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Orion has acquired the first two novels from Irish journalist Rachael English. Managing director... Continue reading at The Bookseller
[ The Bookseller | 2012-11-02 00:00:00 UTC ]
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Pearson shares open higher on news that two of the world's biggest publishers, Penguin and Random House, are in talks about a possible merger. Continue reading at BBC News
[ BBC News | 2012-10-26 00:00:00 UTC ]
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Publisher Pearson says it is holding talks with German media group Bertelsmann about combining their Penguin and Random House businesses. Continue reading at BBC News
[ BBC News | 2012-10-25 00:00:00 UTC ]
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Pearson has confirmed that it is in talks with Bertelsmann regarding a potential merger between... Continue reading at The Bookseller
[ The Bookseller | 2012-10-25 00:00:00 UTC ]
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El País, which had avoided the losses that have hit the newspaper industry worldwide as it struggles with the transition to digital publishing, announced it would dismiss one-third of its staff. Continue reading at The New York Times
[ The New York Times | 2012-10-24 00:00:00 UTC ]
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Haynes Publishing is launching its first range of ebooks and selling them independently through... Continue reading at The Bookseller
[ The Bookseller | 2012-10-16 00:00:00 UTC ]
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One of Germany’s largest retail groups is changing ownership in a deal that is anxiously... Continue reading at The Bookseller
[ The Bookseller | 2012-10-16 00:00:00 UTC ]
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The Kindle Paperwhite is go on sale through Waterstones stores by the end of the month, the... Continue reading at The Bookseller
[ The Bookseller | 2012-10-16 00:00:00 UTC ]
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Since this spring, a German publisher has been tackling a monster of a new challenge. "He lives in newspapers in the printing plant," explains Eva Fauth, one of his creators. "He sleeps in newspapers, and he eats all the newspapers becaus ... Continue reading at Editor & Publisher
[ Editor & Publisher | 2012-10-12 00:00:00 UTC ]
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VIENNA, Austria -- Austrian newspaper publisher Christoph Dichand apologized after Kronen Zeitung was caught using a faked dramatic photograph of a family fleeing Syria's civil war-torn city Aleppo. The picture - published in the country& ... Continue reading at Editor & Publisher
[ Editor & Publisher | 2012-10-09 00:00:00 UTC ]
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Nick Lake, publishing director at HarperCollins Childrens Books, has bought world rights in all... Continue reading at The Bookseller
[ The Bookseller | 2012-10-05 00:00:00 UTC ]
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Newspaper publishers and distributors can discover how to generate new revenue from remote newspaper production by visiting the Kodak booth at Distripress Congress 2012. The Distripress Congress 2012 takes place October 1 – 4 at the Scott ... Continue reading at Editor & Publisher
[ Editor & Publisher | 2012-09-28 00:00:00 UTC ]
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