7am Exclusive: Northcliffe for sale

The regional press industry was expected to be plunged into further turmoil this
morning with the shock announcement that Northcliffe Newspapers is up
for sale.
Parent company the Daily Mail General Trust was expected to inform the Stock Exchange
at 7am this morning of its intention to sell the group. The move will
further unsettle Northcliffe journalists who are currently facing cuts
under the company’s Aim Higher project to boost profit margins. Five
senior Northcliffe editors have departed for various reasons in recent
months.
Newsquest, owned by US company Gannett, are among potential buyers, as
are Johnston Press and Trinity Mirror.
For full details and analysis, see this week’s Press Gazette magazine.

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