View all newsletters
Sign up for our free email newsletters

Fighting for quality news media in the digital age.

  1. Comment
October 7, 2013updated 08 Oct 2013 8:56pm

Local newspaper collapses with debts of £40,000

By Darren Boyle

The publisher of a free seaside newspaper has collapsed with debts of £40,000.

Seeker News stopped trading last week when the company went into administration with the loss of four jobs.

The newspaper was published fortnightly and was based in Bournemouth.

Seeker Photography, a PR and photography company launched the title initially as a monthly magazine before moving to a fortnightly newspaper in May.

Proprietor and editor Steve Cook told Hold the Front Page: “It is with great regret we that we’ve taken the decision to end publication of Seeker News with immediate effect.
“The support we’ve received from readers and advertisers has been wonderful and is greatly appreciated.

“Unfortunately the industry-wide decline in revenues from advertising within print media meant that although he content and design of the paper delivered everything we set out to achieve, the commercial side of the operation struggled to keep pace with the growth of the publication.

“We have exciting plans for the future which I hope to confirm shortly.”

Content from our partners
New technology from EX.CO helps publishers double on-site video revenue
Five ways to fail in media job interviews
How Germany's Ippen.Media mastered content planning across 86 newsrooms

The title had a print run of 10,000 and was distributed in cafes, hospitals, supermarkets and leisure centres around Bournemouth and Poole.

It is understood the company will be liquidated next month.

Topics in this article : ,

Email pged@pressgazette.co.uk to point out mistakes, provide story tips or send in a letter for publication on our "Letters Page" blog

Select and enter your email address Weekly insight into the big strategic issues affecting the future of the news industry. Essential reading for media leaders every Thursday. Your morning brew of news about the world of news from Press Gazette and elsewhere in the media. Sent at around 10am UK time. Our weekly does of strategic insight about the future of news media aimed at US readers. A fortnightly update from the front-line of news and advertising. Aimed at marketers and those involved in the advertising industry.
  • Business owner/co-owner
  • CEO
  • COO
  • CFO
  • CTO
  • Chairperson
  • Non-Exec Director
  • Other C-Suite
  • Managing Director
  • President/Partner
  • Senior Executive/SVP or Corporate VP or equivalent
  • Director or equivalent
  • Group or Senior Manager
  • Head of Department/Function
  • Manager
  • Non-manager
  • Retired
  • Other
Visit our privacy Policy for more information about our services, how Progressive Media Investments may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications.
Thank you

Thanks for subscribing.

Websites in our network