Johnston Press: rescue plan for Scotsman newspaper group

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 secure its future – only a day after the company entered administration. But thousands of employees will be worse off under changes to their pension plans.Johnston Press, which was founded in 1767 and owns more than 200 titles in print and online, was crippled by debts of more than £220m – blaming its financial woes on the threat to digital advertising from tech giants such as Google and Facebook. Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2018-11-17 00:00:00 UTC ]
News tagged with: #johnston press #rescue plan #local newspapers #yorkshire post #financial woes #digital advertising #tech giants

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Hedge fund Chatham plans to buy newspaper publisher McClatchy out of bankruptcy, ending 163 years of family control

Hedge fund Chatham plans to buy newspaper publisher McClatchy out of bankruptcy, ending 163 years of family control Continue reading at ABC News

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'In 24 hours, people gave us £40,000': how readers rescued a small press

Galley Beggar Press was facing ruin after the collapse of The Book People, but the public has supplied Christmas magic of a kind I don’t usually buy intoIf a novelist had submitted a story to my publishing company about someone losing £40,000 one day and then regaining it the next, thanks to the... Continue reading at The Guardian

[ The Guardian | 2019-12-19 17:31:08 UTC ]
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Hearst Names Neeraj Khemlani Executive Vice President and Deputy Group Head of Hearst Newspapers

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[ Editor & Publisher | 2019-12-17 23:12:56 UTC ]
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Hearst Newspapers’ Texas Community Group Announces New Leadership

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[ Editor & Publisher | 2019-07-15 23:38:52 UTC ]
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Bustle Digital Group Buys Nylon Magazine, Plans to Relaunch Print

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[ Folio Magazine | 2019-06-27 16:31:12 UTC ]
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Children’s Books in China 2019: China Children’s Press & Publication Group

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[ Publishers Weekly | 2019-03-15 00:00:00 UTC ]
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Owner of the Scotsman and i newspapers enters administration

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[ The Guardian | 2018-11-17 00:00:00 UTC ]
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MIT Press Launches Knowledge Futures Group

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[ Publishers Weekly | 2018-06-25 00:00:00 UTC ]
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[ Publishers Weekly | 2018-03-09 00:00:00 UTC ]
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Academic Publishing in China 2017: Beijing Normal University Press Group

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Lion Hudson rescued from administration by AFD Group

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[ The Bookseller | 2017-08-17 00:00:00 UTC ]
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Pearson Plans More Cuts, May Sell School Group

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[ The Guardian | 2017-02-22 00:00:00 UTC ]
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How Condé Nast's Food Innovation Group Plans to Take Over the 'Food Internet'

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Johnston Press reduces its pension scheme deficit by £50m

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[ The Guardian | 2016-02-03 00:00:00 UTC ]
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Johnston Press suffers slowdown in advertising across digital and print

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