The Donegal Democrat and People’s Press has a new owner.
Iconic Newspapers, owned by advertising executive Malcolm Denmark, now owns 14 Irish titles including the Donegal Democrat, Donegal People’s Press, Leitrim Observer, Limerick Leader, and Kilkenny People.
Earlier today Mr Denmark confirmed the deal for the Republic of Ireland titles which he has bought from Johnston Press.
The sale went through earlier today and was confirmed by the Iconic Newspapers owner while he was attending at the Limerick Person of the Year Awards as a guest of the Limerick Leader newspaper.
“We want to get more involved in and re-engage with the communities where more investment is needed,” Mr Denmark stated.
“It’s really important that we are not part of a corporate group. I am not trying to bring an English solution to Ireland,” Mr Denmark said.
The UK businessman who owns 14 firms in total added: “I own Media Force too but this is not part of that. This is Iconic Newspapers and we believe we have bought iconic brands.”
The National Union of Journalists welcomed the news, saying it would “free the Irish regional titles from debt and end a period of uncertainty for staff.”