Johnston Press to sell Isle of Man titles for £4.25m
4th Jul 2016 12:25
(ShareCast News) - Newspaper publisher Johnston Press has agreed to sell its titles on the Isle of Man to UK-based publisher Tindle Newspapers for £4.25m in cash. The disposal includes the Isle of Man Examiner, Isle of Man Courier, Manx Independent and www.iomtoday.co.im, and will be effected by the
Read moreJohnston Press completes purchase of i newspaper
11th Apr 2016 08:02
(ShareCast News) - Regional newspaper publisher Johnston Press said it had completed its takeover of the i newspaper from Independent Print Ltd. The newspaper, launched as a digest of material from the Independent five years ago, was purchased for £24m. The Independent was shut down in March by own
Read moreJohnston Press signals further job cuts as profits rise
22nd Mar 2016 10:39
(ShareCast News) - Widespread cost cutting led to a 23% leap in pre-tax profit at Johnston Press, though the newspaper publisher warned more cutbacks could be on the way. The London-listed owner of a number of regional papers concentrated in Scotland and the North of England saw total revenue declin
Read moreTrinity Mirror said to unveil new weekday tabloid
17th Feb 2016 14:36
(ShareCast News) - Trinity Mirror, publisher of the Daily Mirror, will reportedly unveil a weekday tabloid called New Day this month. People close to the plans told Sky News the new paper was expected to launch on 29 February and will be priced at 25p versus the Independent's i newspaper which is pr
Read moreJohnston Press confirms talks to buy i newspaper for £24m cash
11th Feb 2016 11:08
(ShareCast News) - Johnston Press confirmed it is in late-stage discussions to buy the i newspaper from the publisher of the Independent, with a likely cash price of £24m. The regional news publisher, which last month said it would sell several of its non-core titles in order to focus on digital gro
Read moreThursday newspaper round-up: Facebook, Johnston Press, steel industry
11th Feb 2016 07:14
(ShareCast News) - Other EU leaders are ready to copy David Cameron's referendum tactics for their own "egotistic goals", the European Council president has said, as he sounded the alarm over populist politics bringing the bloc to the brink of "suicide". Donald Tusk's forthright warning on Wednesday
Read moreJohnston Press rallies on pension deficit reduction
3rd Feb 2016 09:31
(ShareCast News) - Johnston Press said the findings of the study it carried out to assess the liabilities of its pension plan are expected to reduce the present value of the media group's plan by around £50m. In addition, the company said that following a change to the scheme rules agreed by the tru
Read moreJohnston Press to sell titles as digital focus intensifies
19th Jan 2016 14:48
(ShareCast News) - As well as confirming profits in line with forecasts, local newspaper publisher Johnston Press said it may sell several of its non-core titles in order to focus on digital growth. The company, whose titles range from dailies such as the Scotsman and the Yorkshire Post to around 19
Read moreJohnston Press reorganises with central editorial team
1st Dec 2015 14:52
(ShareCast News) - Johnston Press has appointed an editor-in-chief and created two publishing director positions as part of the local newspapers group's editorial restructuring process to "shift focus away from traditional geographic reporting lines". Yorkshire Evening Post and Yorkshire Post editor
Read moreJohnston Press closes more titles as it looks to cut costs
7th Oct 2015 10:43
(ShareCast News) - Media group Johnston Press announced the closure of several print titles as it looks to cut costs and focus on its online expansion. The company said a number of its smaller free print titles have been closed, which will allow it to focus resources on its digital offering in those
Read moreJohnston Press confident of recovering from difficult first half
11th Aug 2015 09:19
(ShareCast News) - Newspaper publisher Johnston Press reported a slowdown in first half trading but said it remained confident in its strategy. The London-listed company said that in the 26 weeks to 4 July, it swung from a pre-tax loss of £6.3m to a pre-tax profit of £2.2m, although revenue declined
Read moreJohnston Press shares tumble after profit warning
14th Jul 2015 09:19
(ShareCast News) - Shares in community news firm Johnston Press tumbled on Tuesday after the company issued a profit warning. The company said it expects first-half profits to be marginally below last year, impacted by a slowdown in general trading and specific weakness in the run-up to and after th
Read moreJohnston Press full-year revenues decline on lower newspaper sales
25th Mar 2015 08:30
Newspaper printing group Johnston Press has posted a drop in full-year revenues in line with market expectations, but announced the award of a new contract with Express newspapers group. The group has won a five-year contract to print Express Newspapers in the north of England, with printing of the
Read moreRegional publishers launch digital advertising platform for 'mass localisation'
19th Nov 2014 10:47
Yorkshire Post and Scotsman publisher Johnston Press has formed a new digital advertising platform focused on 'local media' together with other regionally focused media businesses. The group has joined forces with Local World, Newsquest and other UK local-focused media businesses to create the 1XL p
Read moreWednesday broker round-up UPDATE
24th Sep 2014 09:15
Aggreko: Morgan Stanley ups target price from 1350p to 1375p, while leaving its underweight rating unaltered. Alliance Pharma: Canaccord Genuity lowers target price from 35p to 33p reiterating its hold recommendation. Close Brothers Group: UBS moves target price from 1420p to 1430p and keeps a neut
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