Local World

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Local World Ltd.
Type Private
Industry New media
Founded 2012
Headquarters London, United Kingdom
Key people David Montgomery
Chairman
Steve Auckland
Chief Executive
Owners Daily Mail and General Trust, Yattendon Group, Trinity Mirror and others
Website www.local-world.co.uk

Local World Ltd. is a large regional newspaper publisher in the UK that publishes 107 daily titles. It was formed in 2012 by David Montgomery, a former chief executive of Trinity Mirror, and purchased Northcliffe Media from Daily Mail and General Trust and Iliffe News and Media from Yattendon Group.[1] The purchase of the businesses was approved by the Office of Fair Trading on 28 June 2013.[2]

Northcliffe history[edit]

Northcliffe Media.png

In November 2005, the DMGT announced that it wanted to sell Northcliffe Newspapers, at the time worth over £1.5bn.[3] It came after figures according to Ofcom announced that Northcliffe only has 16% of the regional market, compared to Trinity's 20%, Newsquest's 18% and 15% for Johnston. This was cancelled after they could not find an offer for the group as a whole. On 6 July 2007, the company bought 26 regional titles from Trinity Mirror for £64.15 million. The group said it had bought three of Trinity Mirror's local divisions, East Surrey and Sussex Newspapers, Kent Regional Newspapers and Blackmore Vale Publishing, included the Croydon Advertiser, Blackmore Vale Magazine, Medway News and the Kingston Informer.[4] The sale is expected to boost Northcliffe’s circulation by 872,000 copies per week.[5]

The company's name was changed to Northcliffe Media from Northcliffe Newspaper Group in 2007.

In July 2011, it was announced that Northcliffe Media intended to sell nine of its titles to the KM Group. The newspapers involved include the Dover Express, East Kent Gazette, Folkestone Herald, Herne Bay and Whitstable Times, Isle of Thanet Gazette, Medway News and Thanet Times. KM Group has referred the matter of the acquisition of the titles to the Office of Fair Trading.[6] When nthat move failed, Northcliffe shut the Medway News, East Kent Gazette and Sheppey Gazette.

Titles[edit]

Northcliffe Media claimed that more than 3,272,302 people have visited all of its local sites for all the newspapers, with the most hit site being the Derbyshire. Northcliffe's core business was the production, printing and distribution of Regional Newspapers alongside its online 'thisis' network.

Ilife News and Media titles[edit]

Subsidiaries[edit]

Some former subsidiaries of the group include Northcliffe Retail and a 25% shareholding in the website Fish4. Associated Northcliffe Digital (AND) is the online arm of the Northcliffe Media Ltd, one of the largest and most successful regional newspaper publishers in the UK. Its daily titles have a combined sale of more than one million copies per day and its paid-for weeklies sell in excess of 490,000 copies. Each week the Group also distributes 2.6 million copies of its free newspapers.

References[edit]

  1. ^ Daily Mail sells regional newspapers to Local World BBC News, 21 November 2012
  2. ^ Gavriel Hollander (28 June 2013). "OFT clearance for Local World deal". Press Gazette. Retrieved 28 June 2013. 
  3. ^ Tryhorn, Chris (30 November 2005). "Who will buy Northcliffe?". London: Guardian Media Group. Retrieved 4 October 2007. 
  4. ^ Brook, Stephen (6 July 2007). "Daily Mail group buys Trinity Mirror regional titles". London: Guardian Media Group. Retrieved 4 October 2007. 
  5. ^ Brook, Stephen (6 July 2007). "Northcliffe Media buys 26 titles from Trinity Mirror". London: The Editors Weblog. Retrieved 4 October 2007. 
  6. ^ "Folkestone Herald and Dover Express owners agree to sell newspaper titles to Kent Messenger". Hawkinge Gazette. Retrieved 25 July 2011. 

External links[edit]