Additional Information


Content

DMGT values Northcliffe

Daily Mail & General Trust (DMGT), the publisher of the Daily Mail, has appointed Ernst & Young to value its regional arm, Northcliffe Media, which the group has previously failed to sell off.

Hull Daily Mail: one of the Northcliffe Media titles

Hull Daily Mail: one of the Northcliffe Media titles

Share this article

Northcliffe Media – which comprises around 100 titles including the Hull Daily Mail, Western Daily Press and Plymouth Herald – has, like its rival regional press groups, suffered from a difficult advertising market and from readers' migration to the internet.

In 2005, DMGT disclosed that it was considering selling Northcliffe Media, ending its more than 80-year link with local newspapers.

But it was unable to attract a buyer at its asking price, which was thought to be around £1.5bn.

It is thought that DMGT has received no expressions of interest in its Northcliffe Media business in the past 12 months.

DMGT was unavailable for comment.

Follow John Reynolds on Twitter   @johnreynolds10


This article was first published on mediaweek.co.uk

Before commenting please read our rules for commenting on articles.

If you see a comment you find offensive, you can flag it as inappropriate. In the top right-hand corner of an individual comment, you will see 'flag as inappropriate'. Clicking this prompts us to review the comment. For further information see our rules for commenting on articles.

comments powered by Disqus

Additional Information

Latest jobs Jobs web feed

Back to top ^