Guardian News & Media is to cut more than 100 jobs following a £33 million revenue decline.
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Independent News & Media’s bondholders have agreed to take a significant stake in the company as part of its refinancing deal.
Johnston Press has reported a 19.1% year on year advertising revenue decline for the past 10 weeks.
Guardian Media group has appointed Virgin Media chief executive Neil Berkett as a non-executive board director.
Rupert Murdoch plans to remove news stories from Google’s search index in a bid to encourage users to pay for online content.
Associated Newspapers has confirmed that the final issue of the London Lite will be published next Friday, 13 November.
NatMags is launching a spin-off of Company magazine in March called The High Street Edit.
Rupert Murdoch’s self-imposed deadline of next June to introduce pay walls for his newspaper websites may be put back.
Independent News & Media may lose 76% of the company’s capital to bondholders through its financial restructuring.
Independent News & Media shareholders have voted against Denis O’Brien’s resolutions in an emergency meeting held earlier today.