Iconic Newspapers

Iconic Newspapers is an Irish newspaper company that publishes papers such as the Dundalk Democrat, The Echo and Leitrim Observer. Iconic Newspapers are owned by Mediaforce who are majority owned by Malcolm Denmark. Iconic Newspapers hold their newspaper assets in a subsidiary called Formpress Publishing. [1].

In 2014, Iconic Newspapers acquired Johnson Press Ireland. [2] Johnston Press Ireland was formed following the purchase of Scottish Radio Holdings' newspapers known as Score Press by Johnston Press in 2005 for £155 million.[3] In the same year, they also purchased the Leinster Leader Group (just after LLG had purchased Tallaght Publishing Ltd), who published six titles, for €138.6 million. [4]

The company is based in Naas, County Kildare.

In May 2017, it was report that Iconic Newspapers may bid to acquire some Landmark Media Investments regional titles.

In September 2017, it was reported that Iconic Newspapers managing director Joe Flaherty, who selected to run for Fianna Fail in Longford-Westmeath. [5]

In November 2017, it was report that Iconic Newspapers were making staff redundant at the Donegal Democrat. [6]

In January 2018, the 2017 accounts were published. Revenues at Formpress Publishing Ltd declined by 2pc from €13m to €12.6m. Numbers employed by the company last year reduced from 165 to 161 with staff costs declining from €6.84m to €6.59m.[7]

Current Irish titles

References

  1. ↑ http://www.irishtimes.com/business/media-and-marketing/formpress-publishing-reports-1-2m-pretax-profit-1.2545872
  2. ↑ "Johnston Press sells its 14 titles in the Republic". Irish Times. Retrieved 2014-08-22.
  3. ↑ Press Release on Purchase of Score Press Archived 2007-08-08 at the Wayback Machine.
  4. ↑ Press Release on Purchase of Leinster Leader Group Archived 2007-08-08 at the Wayback Machine.
  5. ↑ http://www.independent.ie/irish-news/politics/ff-newspaper-boss-wont-use-titles-to-win-vote-36162362.html
  6. ↑ http://www.highlandradio.com/2017/11/16/nuj-calls-on-iconic-newspapers-to-halt-redundancies-at-donegal-democrat/
  7. ↑ https://www.independent.ie/business/media/profits-at-publisher-formpress-drop-12pc-36474390.html
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