News Players Seeking Sell-Offs, Investment To Beat Downturn: Reports

If you’re looking to buy a newspaper or invest in a TV newsgatherer, you won’t find a better time to do it than now. With revenue declining at an alarming rate, some media owners may find themselves with little option but to sell assets, and often at massively reduced prices. That trend may explain two stories that cropped up in this weekend’s papers

Johnston: The publisher has appointed KPMG to restructure its £465 million debt facility, its own reports, likely leading to even more cost-cutting after years of newsroom cutbacks. As part of the review, says Johnston will aim to sell two Irish paper groups, the Leinster Leader and the Local Press, for

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