Celtic Media Group: Difference between revisions
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It is owned by its Irish management team, following a management buy-out led by CEO Frank Mulrennan in 2012. The group was previously owned by Scottish media firm, Dunfermline Press Group.<ref name="Bought">{{cite news|url=https://www.thetimes.co.uk/article/the-business-interview-m7nm8vn6v0x|title=Frank Mulrennan has big plans for his raft of local newspapers despite the tough market.|date=2012-11-25|work=The Sunday Times|accessdate=2019-08-11}}</ref> |
It is owned by its Irish management team, following a management buy-out led by CEO Frank Mulrennan in 2012. The group was previously owned by Scottish media firm, Dunfermline Press Group.<ref name="Bought">{{cite news|url=https://www.thetimes.co.uk/article/the-business-interview-m7nm8vn6v0x|title=Frank Mulrennan has big plans for his raft of local newspapers despite the tough market.|date=2012-11-25|work=The Sunday Times|accessdate=2019-08-11}}</ref> |
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Celtic Media has expanded since with the acquisition of the Connaught Telegraph in 2014 <ref>{{Cite web|url=https://www.thejournal.ie/connaught-telegraph-celtic-media-group-sale-1469227-May2014/|title=11 jobs saved as Connaught Telegraph sold to Celtic Media Group|last=Barry|first=Aoife|website=TheJournal.ie|language=en|access-date=2019-11-04}}</ref> and its co-ownership of Dublin People Group, publisher of Northside People & Southside People, acquired in 2018.<ref>{{Cite news|url=https://www.thetimes.co.uk/article/celtic-media-seeks-people-power-shtp325q9|title=Celtic Media seeks people power|last=Carey|first=Brian|date=2018-01-07|work=The Sunday Times|access-date=2019-11-04|language=en|issn=0956-1382}}</ref> |
Celtic Media has expanded since with the acquisition of the Connaught Telegraph in 2014 <ref>{{Cite web|url=https://www.thejournal.ie/connaught-telegraph-celtic-media-group-sale-1469227-May2014/|title=11 jobs saved as Connaught Telegraph sold to Celtic Media Group|last=Barry|first=Aoife|website=TheJournal.ie|date=17 May 2014 |language=en|access-date=2019-11-04}}</ref> and its co-ownership of Dublin People Group, publisher of Northside People & Southside People, acquired in 2018.<ref>{{Cite news|url=https://www.thetimes.co.uk/article/celtic-media-seeks-people-power-shtp325q9|title=Celtic Media seeks people power|last=Carey|first=Brian|date=2018-01-07|work=The Sunday Times|access-date=2019-11-04|language=en|issn=0956-1382}}</ref> |
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It employs a total workforce of 90 staff and has invested significantly in its integrated newspaper publishing system, purchased from the Newscycle company.<ref>{{Cite web|url=http://mega-conference.com/stories/newscycle-solutions,1725796|title=Irish media group chooses Newscycle Solutions|website=Mega-Conference|language=en|access-date=2019-11-04}}</ref> |
It employs a total workforce of 90 staff and has invested significantly in its integrated newspaper publishing system, purchased from the Newscycle company.<ref>{{Cite web|url=http://mega-conference.com/stories/newscycle-solutions,1725796|title=Irish media group chooses Newscycle Solutions|website=Mega-Conference|language=en|access-date=2019-11-04}}</ref> |
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The group's publishing titles – among them Meath Chronicle; Anglo Celt; Westmeath Examiner – were the subject of an acquisition bid by INM in late 2016 which was approved by the Competition & Consumer Protection Commission and the Department of Communications.<ref>{{Cite |
The group's publishing titles – among them Meath Chronicle; Anglo Celt; Westmeath Examiner – were the subject of an acquisition bid by INM in late 2016 which was approved by the Competition & Consumer Protection Commission and the Department of Communications.<ref>{{Cite news|url=https://www.irishtimes.com/business/media-and-marketing/inm-takeover-of-celtic-media-group-to-be-examined-1.2933738|title=INM takeover of Celtic Media Group to be examined|last=Bardon|first=Sarah|newspaper=The Irish Times|language=en|access-date=2019-11-04}}</ref> |
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However, both parties opted not to proceed with the acquisition due to the level of undertakings around employment levels required by the regulatory process.<ref>{{cite news|url= https://www.thetimes.co.uk/edition/ireland/inms-celtic-bid-failed-on-jobs-pledge-gzlz78m7q |title=INM's Celtic bid failed on jobs pledge |first=Gavin |last=Daly |work=The Sunday Times |date=2017-06-11 |accessdate=2019-08-11}}</ref> |
However, both parties opted not to proceed with the acquisition due to the level of undertakings around employment levels required by the regulatory process.<ref>{{cite news|url= https://www.thetimes.co.uk/edition/ireland/inms-celtic-bid-failed-on-jobs-pledge-gzlz78m7q |title=INM's Celtic bid failed on jobs pledge |first=Gavin |last=Daly |work=The Sunday Times |date=2017-06-11 |accessdate=2019-08-11}}</ref> |
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The print company, operated by Celtic in Navan, was restructured in October 2019 with the loss of 16 jobs and the cessation of its long-standing Trinity Mirror contract.<ref>{{Cite |
The print company, operated by Celtic in Navan, was restructured in October 2019 with the loss of 16 jobs and the cessation of its long-standing Trinity Mirror contract.<ref>{{Cite news|url=https://www.irishtimes.com/business/media-and-marketing/more-than-half-of-staff-at-meath-printing-press-to-be-laid-off-1.3976647|title=More than half of staff at Meath printing press to be laid off|last=Hutton|first=Brian|newspaper=The Irish Times|language=en|access-date=2019-11-04}}</ref> |
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Two new print contracts have been secured – the Northern Standard newspaper and the Racing Post Weekender title – with the Navan plant now operating on a lower cost base.<ref>{{Cite web|url=https://www.meathchronicle.ie/sponsorededitorial/roundup/articles/2019/03/13/4170858-meath-chronicle-stories-highlighting-the-scourge-of-illegal-dumping-wins-local-ireland-media-award|title=Meath Chronicle - Meath Chronicle stories highlighting the scourge of illegal dumping wins Local Ireland Media Award|website=Meath Chronicle|language=en|access-date=2019-11-04}}</ref> |
Two new print contracts have been secured – the Northern Standard newspaper and the Racing Post Weekender title – with the Navan plant now operating on a lower cost base.<ref>{{Cite web|url=https://www.meathchronicle.ie/sponsorededitorial/roundup/articles/2019/03/13/4170858-meath-chronicle-stories-highlighting-the-scourge-of-illegal-dumping-wins-local-ireland-media-award|title=Meath Chronicle - Meath Chronicle stories highlighting the scourge of illegal dumping wins Local Ireland Media Award|website=Meath Chronicle|language=en|access-date=2019-11-04}}</ref> |
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==Current newspaper titles== |
==Current newspaper titles== |
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*[[The Connaught Telegraph]]<ref name=NotToProceed>{{cite news|url= http://www.westmeathexaminer.ie/2017/06/06/celtic-media-not-to-proceed-with-newspaper-sale-to-inm/ |title=Celtic Media not to proceed with newspaper sale to INM |date=2017-06-06 |accessdate=2019-08-11}}</ref><ref name="MoreThanHalf">{{cite news|url=https://www.irishtimes.com/business/media-and-marketing/more-than-half-of-staff-at-meath-printing-press-to-be-laid-off-1.3976647|title=More than half of staff at Meath printing press to be laid off|last=Hutton|first=Brian|date=2019-08-03| |
*[[The Connaught Telegraph]]<ref name=NotToProceed>{{cite news|url= http://www.westmeathexaminer.ie/2017/06/06/celtic-media-not-to-proceed-with-newspaper-sale-to-inm/ |title=Celtic Media not to proceed with newspaper sale to INM |date=2017-06-06 |accessdate=2019-08-11}}</ref><ref name="MoreThanHalf">{{cite news|url=https://www.irishtimes.com/business/media-and-marketing/more-than-half-of-staff-at-meath-printing-press-to-be-laid-off-1.3976647|title=More than half of staff at Meath printing press to be laid off|last=Hutton|first=Brian|date=2019-08-03|newspaper=The Irish Times|accessdate=2019-08-11}}</ref> |
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*[[The Anglo-Celt]]<ref name="Scrapped">{{cite news|url=https://fora.ie/inm-celtic-media-deal-scrapped-3427715-Jun2017/|title=INM has scrapped a deal to buy a slew of Irish papers. Here's what you need to know|last=O'Donoghue|first=Paul|date=2017-06-05|work=Fora|accessdate=2019-08-11}}</ref><ref name=MoreThanHalf/> |
*[[The Anglo-Celt]]<ref name="Scrapped">{{cite news|url=https://fora.ie/inm-celtic-media-deal-scrapped-3427715-Jun2017/|title=INM has scrapped a deal to buy a slew of Irish papers. Here's what you need to know|last=O'Donoghue|first=Paul|date=2017-06-05|work=Fora|accessdate=2019-08-11}}</ref><ref name=MoreThanHalf/> |
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*[[Meath Chronicle]]<ref name=Scrapped/><ref name=MoreThanHalf/> |
*[[Meath Chronicle]]<ref name=Scrapped/><ref name=MoreThanHalf/> |
Revision as of 10:07, 10 April 2023
This article's lead section may be too long. (March 2022) |
Country of origin | Ireland |
---|---|
Headquarters location | Navan, County Meath |
Publication types | Newspapers |
Official website | www |
Celtic Media Group provides publishing, printing and pre-press (graphic design) services to the Irish newspaper sector. It also has a digital consultancy service.[1]
It is owned by its Irish management team, following a management buy-out led by CEO Frank Mulrennan in 2012. The group was previously owned by Scottish media firm, Dunfermline Press Group.[2]
Celtic Media has expanded since with the acquisition of the Connaught Telegraph in 2014 [3] and its co-ownership of Dublin People Group, publisher of Northside People & Southside People, acquired in 2018.[4]
It employs a total workforce of 90 staff and has invested significantly in its integrated newspaper publishing system, purchased from the Newscycle company.[5]
The group's publishing titles – among them Meath Chronicle; Anglo Celt; Westmeath Examiner – were the subject of an acquisition bid by INM in late 2016 which was approved by the Competition & Consumer Protection Commission and the Department of Communications.[6]
However, both parties opted not to proceed with the acquisition due to the level of undertakings around employment levels required by the regulatory process.[7]
The print company, operated by Celtic in Navan, was restructured in October 2019 with the loss of 16 jobs and the cessation of its long-standing Trinity Mirror contract.[8]
Two new print contracts have been secured – the Northern Standard newspaper and the Racing Post Weekender title – with the Navan plant now operating on a lower cost base.[9]
The Group won three of the 12 overall awards and received 11 nominations in the latest Local Ireland Media Awards, sponsored by the National Lottery.[10]
In July 2020, the Southside People and Northside People titles were restructured under a new owner.[11] Celtic continues to provide pre-press and print services to the Dublin People titles.
The print plant has announced the renewal of its contract to print the Racing Post daily newspaper and three weekly titles for the next five years.[12]
Frank Mulrennan, CEO of Celtic and representing the Local Ireland industry body, told the Oireachtas Committee on Media (December 2020) that the country’s 46 weekly local newspapers publish "vital, trusted, and needed public information" but are facing major challenges. He said: "In reality, our industry is still badly impacted by the last recession and the digital dominance of the likes of Facebook and Google."[13]
Current newspaper titles
- The Connaught Telegraph[14][15]
- The Anglo-Celt[16][15]
- Meath Chronicle[16][15]
- Westmeath Examiner[14][15]
- Westmeath Independent[14][15]
Former Newspaper Assets
- Forum. (Meath, free newspaper, publication 'suspended' in 2017).[17]
- Offaly Independent[14][15](Suspended in March 2020)[18]
- Southside People (49.9% stake)[19] (liquidator appointed in May 2020) [20]
- Northside People (49.9% stake)[19] (liquidator appointed in May 2020) [20]
See also
References
- ^ "Celtic Media Group". LinkedIn.
- ^ "Frank Mulrennan has big plans for his raft of local newspapers despite the tough market". The Sunday Times. 25 November 2012. Retrieved 11 August 2019.
- ^ Barry, Aoife (17 May 2014). "11 jobs saved as Connaught Telegraph sold to Celtic Media Group". TheJournal.ie. Retrieved 4 November 2019.
- ^ Carey, Brian (7 January 2018). "Celtic Media seeks people power". The Sunday Times. ISSN 0956-1382. Retrieved 4 November 2019.
- ^ "Irish media group chooses Newscycle Solutions". Mega-Conference. Retrieved 4 November 2019.
- ^ Bardon, Sarah. "INM takeover of Celtic Media Group to be examined". The Irish Times. Retrieved 4 November 2019.
- ^ Daly, Gavin (11 June 2017). "INM's Celtic bid failed on jobs pledge". The Sunday Times. Retrieved 11 August 2019.
- ^ Hutton, Brian. "More than half of staff at Meath printing press to be laid off". The Irish Times. Retrieved 4 November 2019.
- ^ "Meath Chronicle - Meath Chronicle stories highlighting the scourge of illegal dumping wins Local Ireland Media Award". Meath Chronicle. Retrieved 4 November 2019.
- ^ "Winners of Local Ireland Media Awards are announced". Westmeath Independent. Retrieved 18 January 2021.
- ^ "Dublin People Group titles to relaunch after sale to former shareholder". independent. Retrieved 18 January 2021.
- ^ "Welcome to PJ News". www.pjnews.co.uk. Retrieved 18 January 2021.
- ^ Correspondent, Paul Hosford Political (16 December 2020). "Newsbrands: Newspapers struggling to stay afloat in perfect storm". Irish Examiner. Retrieved 18 January 2021.
{{cite web}}
:|last=
has generic name (help) - ^ a b c d "Celtic Media not to proceed with newspaper sale to INM". 6 June 2017. Retrieved 11 August 2019.
- ^ a b c d e f Hutton, Brian (3 August 2019). "More than half of staff at Meath printing press to be laid off". The Irish Times. Retrieved 11 August 2019.
- ^ a b O'Donoghue, Paul (5 June 2017). "INM has scrapped a deal to buy a slew of Irish papers. Here's what you need to know". Fora. Retrieved 11 August 2019.
- ^ Daly, Gavin (6 August 2017). "Stacking the odds". The Sunday Times. Retrieved 11 August 2019.
- ^ "Celtic Media announces temporary layoffs over pandemic". RTÉ News. 20 March 2020.
- ^ a b Carey, Brian (7 January 2018). "Celtic Media seeks people power". The Sunday Times. Retrieved 11 August 2019.
- ^ a b "Publisher of Northside People and Southside People closes down". RTÉ News. 9 May 2020.