INM assumes full responsibility at Irish Daily Star

Independent News & Media is to assume full executive responsibility of the Irish Daily Star newspaper, the company has announced.

The Star was recently mired in controversy and threatened with closure after its publication of topless photographs of the Duchess of Cambridge Kate Middleton.

Media tycoon Richard Desmond, whose Northern and Shell group co-owns the newspaper with Independent News and Media in a 50:50 shareholding, had threatened to shut the Dublin operation down in the wake of the tabloid’s decision to rerun pictures of Middleton and Prince William sunbathing on a private holiday in France.

The newspaper's editor Michael O'Kane resigned as a result.

Gerry Lennon has been appointed managing director of Independent Star Limited. He remains as managing director of the Sunday World.

Gerard Colleran has been appointed editor of the Irish Daily Star.

In a statement today, INM said: "This...is predicated on a wide-ranging reorganization designed to deliver efficiencies and cost savings. These include: pay cuts for all staff, office relocation and associated overhead savings.

"It is envisaged that up to nine redundancies will come about from the first phase of its restructuring which will affect its circulation and advertising departments."

Under INM’s management, Independent Star Limited will remain as a standalone entity, with a separate board and identity.


More in this Section

Shock resignations in UK Cabinet spark pound sell-off

Former trader behind UK’s biggest banking fraud deported to Ghana

Rebuilding semi-detached home soars to €227,440

Pfizer patent blow after UK ruling on €4.4bn pain drug


Breaking Stories

Pins and needles are usually harmless, but it’s best not to ignore them

Learning points: The truth is now being twisted in full view

’Tis the season to be sweet: What makes a good chocolate bar?

Gavin Bryars going with the flow

More From The Irish Examiner