Report: Mecom wins another reprieve from its lenders
David Montgomery’s European newspaper group, Mecom, is reported to have bought itself some more time to get its finances back…
ByMedia Business
Centaur profit forecast slashed following warning
Analyst Roddy Davidson at Altium Securities has cut his 2009 profit forecast for business publisher Centaur from £11.3m to £4.7m…
ByReed Elsevier expected to report robust full year figures
Reed Elsevier is expected to report “robust” profit growth in its final figures this week, despite failing to sell off…
ByGroup-wide pay freeze at Guardian Media Group
Guardian Media Group has announced a group-wide pay freeze for the 2009-2010 financial year. The move affects journalists at Guardian…
ByFormer owner set to buy newspaper back from Johnston Press
Johnston Press is set to sell one of its Irish titles back to its previous owner an a “knockdown price”…
ByIndependent: Rebel shareholder demands sale for nominal fee
Independent News and Media rebel shareholder Denis O’Brien has suggested the Independent titles to be sold for £1, like the…
ByJohnston Press hires KPMG for debt restructuring
Johnston Press has hired KPMG to help it tackle its £465m of debt, The Sunday Times reports. Johnston is the…
ByEarnings: Metro International reports a loss for 2008
Free newspaper publisher Metro International made a €20m (£17.7m) operating loss last year on a like-for-like basis, according to figures…
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