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Regional press faces uncertain future.

Investors Chronicle - magazine and web content, June, 2009

Byline: John Hughman

ANALYSIS: More local newspapers could close, as the Office of Fair Trading declines to update its media merger regime

Just as the Digital Britain report left many in the industry feeling disappointed (see Digital Britain report disappoints http://www.investorschronicle.co.uk/MarketsAndSectors/Sectors/article/20090617/d5295db0-5b12-11de-8ecf-0015171400aa/Digi tal-Britain-report-disappoints.jsp Digital Britain report disappoints), a parallel report from the Office of Fair Trading (OFT) into the merger regime for local and regional media failed to address pressing concerns for the struggling industry.

UK newspaper groups with exposure to regionals, including Johnston Press, DMGT, and Trinity Mirror, have seen their share...

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