Midland Independent Launch New Titles

MIN, the company which recently bought 20 free weekly titles from the Thomson Regional Newspaper sell-offs, has announced that it intends to introduce 4 new free weekly titles into the Midlands market over the next 12 months, along with possible further acquisitions outside of the area. The company already publish some of the most successful titles in the area. Key 2 for regional ranking by publisher

MIN have recently announced a fall in pre-tax profits of 55% for the six months to end June – from £3.47m to £1.92m. Operating profit increased to £7.8m from £7.3m, and margins continued to run at more than 21%.