INM pulls plug on Sunday Tribune

THE future of the Sunday Tribune newspaper was cast into serious doubt yesterday — along with the security of its 43-strong staff — after its largest shareholder, Independent News & Media (INM) effectively pulled the plug on the publication.

The Irish Examiner understands that some members of staff, including those in senior roles, met late last night with a view to discussing a possible staff investment in an effort to save the title.

Tribune Newspapers — the title’s direct publisher — yesterday announced that it had appointed a receiver, Jim Luby from McStay Luby, on the back of a decision by INM to cease funding the lossmaking newspaper.