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The Guardian - UK
The Guardian - UK
Business
Roy Greenslade

Northcliffe Media up for grabs

The Daily Mail & General Trust's lack of enthusiasm for its local and regional newspaper division couldn't be more obvious.

DMGT chief executive Martin Morgan - quoted by journalism.co.uk - said today: "As far as local papers are concerned we've been quite clear that we are not interested in putting fresh capital into that sector.

"We are open to any worthwhile approaches concerning consolidation if they were to occur."

So, if you work for any of Northcliffe Media's 95 titles - such as the Western Daily Press, Hull Daily Mail, South Wales Evening Post and Plymouth Herald - you had better prepare for a new owner.

On the other hand, who will pay what DMGT wants? Last time it decide to sell off Northcliffe Media it turned its back on the bidder. Will it dare to do so again?

The posting just below this, about DMGT's investment in New York, shows where it believes the future lies for the company. Online - with a global reach.

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