In 2004 the Indy and its Sunday stablemate shrank and became tabloid-sized (the paper's management much preferred the term "compact"). It was launched by three former Daily Telegraph journalists – Andreas Whittam Smith, Matthew Symonds, and Stephen Glover – and went on to sell more than 423,000 copies a day on average by 1990, beating The Times and prompting a price war in the broadsheet market. This year marks 30 years since The Independent burst onto the media scene, with the promise a new kind of unbiased, impartial journalism.
#The final print tv
By the end of 2014 the Lebedevs were thought to have spent more than £100 million on their UK media brands, which also include the London Live digital TV channel and the London Evening Standard, more than half of which was spent on the Independent titles. The Independent titles were sold by Independent News & Media to Russian oligarch and former KGB agent Alexander Lebedev for £1 in 2010 and run by his son, Evgeny. uk, which attracts 2.7 million readers a day according to the auditors ABC, will remain as a standalone digital media brand.
Staff were informed at a briefing on Friday at noon. UK newspapers don't disappear very easily: the last one before that was Eddie Shah's Today in 1995. ESI is in the late stages of selling the spin-off i newspaper to local newspaper publisher Johnston Press for around £24 million, according to a stock market announcement on Thursday.īut Johnston has not bought the " Indy" titles, which are to become the first two national newspapers to close since the News of the World was shut down in 2011.
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