Johnston Press
Johnston Press plc was a multimedia company founded in Falkirk, Scotland, in 1767. Its flagship titles included UK-national newspaper the i, The Scotsman, the Yorkshire Post, the Falkirk Herald, and Belfast's The News Letter. The company was operating around 200 newspapers and associated websites around the United Kingdom and the Isle of Man when it went into administration and was the purchased by JPIMedia in 2018. The Falkirk Herald was the company's first acquisition in 1846. Johnston Press's assets were transferred to JPIMedia in 2018, who continued to publish its titles.
Orchard Brae House, Edinburgh | |
| Company type | Private company |
|---|---|
Traded as | LSE: JPR |
| Industry | Newspapers |
| Founded | 1767 |
| Defunct | 2018 |
| Fate | Entered Administration. Assets acquired by JPIMedia |
| Successor | JPIMedia |
| Headquarters | Edinburgh, Scotland, UK |
Key people | David King (CEO) |
| Revenue | £245.1 million (2015) |
| £1.0 million (2015) | |
Net income | £11.4 million (2015) |
| Parent | JPIMedia |
| Website | See JPIMedia's website |
Johnston Press announced it would place itself in administration on 16 November 2018 after it was unable to find a suitable buyer of the business to refinance £220m of debt. It was delisted from the London Stock Exchange on 19 November 2018. Johnston Press and its assets were brought under the control of JPIMedia on 17 November 2018 after a pre-packaged deal was agreed with creditors.