Johnston Press administrator reveals £150m bid made during sale process and warns of ‘significant’ cash shortfall for creditors
A £150m bid was made for Johnston Press before it was snapped up by JPI Media in a pre-pack administration…
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Publishers expect mobile and video ad revenue to jump by a quarter over next year, new research claims
European publishers predict advertising revenue from video and mobile will grow by more than a quarter next year, according to new…
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UK pension body set to put in £305m claim with Johnston Press administrators
A UK pensions body will put in a £305m claim with Johnston Press’ administrators after raising concerns about the pre-pack…
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Pension Protection Fund and pensions committee chairman raise concerns over Johnston Press administration deal
The UK Pension Protection Fund has said it has “concerns” about the pre-pack administration deal offered to newly-formed news publisher…
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Johnston Press chief executive’s full email to staff after JPI Media takeover
This letter has been edited slightly for style. Dear Colleagues, Further to my earlier emails to you, I am writing…
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Facebook pledges £4.5m to fund 80 new UK community journalists in global first for social network
Facebook is donating £4.5m to fund 80 new community journalists who will be trained up by the National Council for…
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Bondholders take over Johnston Press and wipe out £135m in debts but largest shareholder planning legal action
Investors have agreed to wipe out more than 60 per cent of the £220m debt owed to them by Johnston…
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Shortlist shuts print title and rebrands as Stylist Group to build ‘power brand’ for women
Men’s magazine Shortlist is closing its print edition as owner Shortlist Media rebrands to the Stylist Group, named after its…
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