Tyrone Times to close as JPI Media axes 10 titles
Cookstown-based newspaper Tyrone Times is set to close, as its publisher looks to secure the "long-term stability of the business".
Tyrone Times is one of ten regional newspapers to be shuttered, owners JPI Media have announced.
The publisher said no jobs would be lost in the process, with affected staff to be moved to its other titles.
In April, JPI Media announced it would be making 70 editorial redundancies across the UK.
A month previously, it announced it was to close eight newsrooms and move staff based in 19 leasehold offices.
A JPI Media spokesperson said: “The decision to close these titles has not been taken lightly, but it is crucial that we focus all our efforts on the long-term stability of the business and deliver newspapers and websites which can sustain our business for the long term.
“We would like to thank all our readers and advertisers for their support through the decades, and we hope they will understand why we have made this decision in these challenging times.
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“We can also confirm that no jobs will be impacted by the closures."
JPI Media was founded in 2018 and is owned by former Johnston Press bondholders Goldentree Asset Management, Carval Investors, Benefit Street Partners and Fidelity.
The ten titles set to close are:
- Morley Observer and Advertiser
- Tyrone Times
- Epworth Bells
- Hawick News
- Selkirk Weekend Advertiser
- Worthing Advertiser
- Glasgow South and Eastwood Extra
- Portsmouth View
- Wharfe Valley Time
- The Hayling Islander
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