The Irish Times Trust' acquisition of regional publisher Landmark Media has been welcomed as a positive move for the Irish media market.
The Trust, owner of six-day newspaper Irish Times, finalised its buyout of the publisher of the Irish Examiner, Evening Echo, and seven regional weekly papers, including the Waterford News & Star and the Western People this month.
Séamus Dooley, Irish secretary of the National Union of Journalists, said: “In a challenging time for the media industry, the acquisition by The Irish Times is a welcome development.”
In a statement, the company said it aimed to create a business that could “sustain itself for the longer term and where the respective media assets will contribute significantly to the Irish media market.”
An Irish Times spokesperson told RN: "We believe the acquisition will be positive for both organisations, and as a consequence for readers and newspaper sales."
