Irish group's new launch shows faith in newsprint

A new weekly newspaper will be launched in the Irish county of Monaghan on Thursday. The Monaghan Post is the latest initiative by the fast-growing River Newspapers group, owned by the Irish News and media investors Tim Collins and Padraig O'Dwyer. The group, established in 2005, has grown rapidly through a series of acquisitions and launches. It already publishes six titles, and plans to launch two more this year. Collins says: 'We are using national newspaper standards in the local newspaper environment, underpinned by market research which guides our editorial content." The Monaghan Post is aiming for a circulation of 20,000 copies, and will challenge the 160-year dominance of the Northern Standard. (Via Sunday Business Post)