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Local World

From Wikipedia, the free encyclopedia

Local World Holdings Ltd.
Company typePrivate
IndustryPublishing
Founded2012
Defunct2015 (merged into Trinity Mirror)
Headquarters
London
,
United Kingdom
Key people
David Montgomery
Chief Executive Officer
Rachel Addison
Chief Operating Officer/Chief Financial Officer
OwnerReach plc
SubsidiariesList of Subsidiaries

Local World Holdings Ltd. was a large regional newspaper publisher in the UK that published around 100 print titles and more than 70 websites. It was formed in 2012 by David Montgomery, a former chief executive of Trinity Mirror, to buy the Daily Mail and General Trust's Northcliffe Media business, and the Yattendon Group's Iliffe newspaper group.[1]

In October 2015 Trinity Mirror, now Reach plc, bought the company.[2] The sale was completed on 13 November 2015.[3] In April 2017 the Local World website started redirecting to the Trinity Mirror website.[4]

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Transcription

History

Local World was established in 2012 by David Montgomery, in order to purchase local newspaper businesses.

In November 2012, it was announced that it would purchase Northcliffe Media from Daily Mail and General Trust, and separately, the Iliffe newspaper group from the Yattendon Group.[1] The purchase of the businesses was approved by the Office of Fair Trading on 28 June 2013.[5]

In September 2015, Daily Mail and General Trust confirmed it had entered into talks to sell Local World to Trinity Mirror;[6] the sale was completed the following month.[7]

Titles

Local World

Iliffe News and Media titles

Websites

  • Kent Live

References

  1. ^ a b "Daily Mail sells regional newspapers to Local World". BBC News. 21 November 2012. Retrieved 15 September 2015.
  2. ^ "Trinity Mirror buys newspaper rival Local World". BBC News. 28 October 2015. Retrieved 28 December 2015.
  3. ^ "Trinity Mirror PLC". Local World. Archived from the original on 3 March 2016.
  4. ^ "www.localworld.co.uk". 2017. Archived from the original on 1 June 2017. Retrieved 5 April 2018.
  5. ^ Gavriel Hollander (28 June 2013). "OFT clearance for Local World deal". Press Gazette. Retrieved 28 June 2013.
  6. ^ Soumithri, Mamidipudi (14 September 2015). "Trinity Mirror in talks to buy rival Local World". Reuters. Retrieved 15 September 2015.
  7. ^ Sweney, Mark (28 October 2015). "Trinity Mirror confirms £220m Local World deal". The Guardian.
This page was last edited on 15 November 2022, at 07:43
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