Local World Explained

Local World Holdings Ltd.
Type:Private
Foundation:2012
Defunct:2015 (merged into Trinity Mirror)
Location City:London
Location Country:United Kingdom
Key People:David Montgomery
Chief Executive Officer
Rachel Addison
Chief Operating Officer/Chief Financial Officer
Industry:Publishing
Subsid:List of Subsidiaries
Owner:Reach plc

Local World Holdings Ltd. was a large regional newspaper publisher in the UK that published around 100 print titles and more than 70 websites. It was formed in 2012 by David Montgomery, a former chief executive of Trinity Mirror, to buy the Daily Mail and General Trust's Northcliffe Media business, and the Yattendon Group's Iliffe newspaper group.[1]

In October 2015 Trinity Mirror, now Reach plc, bought the company.[2] The sale was completed on 13 November 2015.[3] In April 2017 the Local World website started redirecting to the Trinity Mirror website.[4]

History

Local World was established in 2012 by David Montgomery, in order to purchase local newspaper businesses.

In November 2012, it was announced that it would purchase Northcliffe Media from Daily Mail and General Trust, and separately, the Iliffe newspaper group from the Yattendon Group. The purchase of the businesses was approved by the Office of Fair Trading on 28 June 2013.[5]

In September 2015, Daily Mail and General Trust confirmed it had entered into talks to sell Local World to Trinity Mirror;[6] the sale was completed the following month.[7]

Titles

Iliffe News and Media titles

Websites

Notes and References

  1. News: Daily Mail sells regional newspapers to Local World. 15 September 2015. BBC News. 21 November 2012.
  2. News: Trinity Mirror buys newspaper rival Local World. 28 December 2015. BBC News. 28 October 2015.
  3. Web site: Trinity Mirror PLC . Local World . https://web.archive.org/web/20160303172012/http://www.localworld.co.uk/ . 3 March 2016.
  4. Web site: www.localworld.co.uk . 2017 . 5 April 2018 . https://web.archive.org/web/20170601000000/http://www.localworld.co.uk/ . 1 June 2017 . dead.
  5. News: OFT clearance for Local World deal . Gavriel Hollander . Press Gazette . 28 June 2013 . 28 June 2013.
  6. News: Soumithri. Mamidipudi. Trinity Mirror in talks to buy rival Local World. 15 September 2015. Reuters. 14 September 2015.
  7. News: Sweney. Mark. Trinity Mirror confirms £220m Local World deal. The Guardian. 28 October 2015.