Johnston Press and the crisis in Ireland's local newspaper industry, 2005-2014

Reflecting international trends, Ireland's local newspaper industry has suffered steep circulation and advertising revenue falls since the late-2000s and has struggled to reshape traditional business models for the digital era. In harsh trading conditions, local titles are operating on reduced editorial resources and are weakened in their capacity to fulfil their traditional watchdog and informed-citizenry functions. Perhaps, no company better encapsulates the industry's recent difficulties than UK media group Johnston Press. In 2005, it paid more than (sic)200m to acquire 14 local titles in Ireland, but 9 years later sold them for just (sic)8.5m. The article draws on this case study to consider wider issues related to the corporatisation of local news provision, the sustainability of local news industries in small media markets such as Ireland's and the increasing disconnect between local journalism's commodity value and its public good value.