We have all heard military use of the word “collateral damage” to mask damaging events.

A local newspaper has announced its closure, The Offaly Express.

UTV Media is anticipating further growth in its Irish radio division after seeing underlying revenues rise by 1% in the first four months of this year.

Advertising revenue at Johnston Press’ Irish operations fell by just over 19% last year, to £8.9m (€11m).

JOHNSTON Press has reported a slowing in advertising revenue declines since the halfway point of the year and has said that it is on course to realise cost savings of more than £20 million (€23.5m) for 2011.

The owner of the Daily Mail today warned weak advertising and circulation revenues would leave operating profits lower than a year ago.

NEWSPAPER group Johnston Press has upped the “carrying value” of its titles in the Republic from €13 million at the end of July 2010 to €31m at the end of July 2011.

NEWSPAPER groupJohnston Press Ireland significantly reduced its losses last year as it continued a number of cost-cutting measures.

NEWSPAPER group, the Leinster Leader limited, saw its turnover increase last year from almost €1.2 million to just over €1.3m.

THE publisher of the Limerick Leader newspaper saw turnover fall from €3.9 million in 2009 to just over €2m last year.

ADVERTISING revenue in the Irish operations of British regional newspaper publisher, Johnston Press, fell 19.1% last year — even though the group, as a whole, returned to profit.

TALKS are continuing between management and staff at a weekly newspaper in Co Cork amid a second phase of rationalisation which is likely to include cuts to employees’ wages.

THERE are fears one of the country’s top provincial newspapers, the Limerick Leader, will have its operations scaled back if it is printed outside the country by its British owners.

AFTER almost 250 years, the printing of newspapers in Limerick is to end after Johnston Press decided to close down its print works on the Dock Road.

REDUNDANCY costs totalling €4.1 million at one of Ireland’s largest media groups, Johnston Press Ireland Ltd, resulted in the group recording a pre-tax loss of €6m last year.

REGIONAL newspaper publisher Johnston Press returned to profit in the first half of 2010 but still saw advertising revenues in its Irish operations fall by 29% on a year-on-year basis.

THE publisher of the Limerick Leader newspaper generated a small increase in turnover last year from €3.54m to just under €3.93m, according to latest accounts filed with the Companies Office.

The publisher of the Daily Mail and the Mail on Sunday today revealed a return to profits growth in the half year and predicted key divisions would continue to improve.

REGIONAL newspaper operator, Johnston Press saw advertising revenues at its Irish operations fall by nearly 33% – in local currency terms – last year, but is still not ready to re-visit attempts to sell out of the market.

Google has bowed to pressure from newspaper publishers and agreed to let them limit the number of free news pages users can read per day.

Sainsbury’s celebrated a strong rise in half-year results today in a buoyant session for the wider London market that saw it touch a year high.

The publisher of the Scotsman and Yorkshire Post newspapers, as well as the Limerick Leader and Kilkenny People, today said advertising trends had improved on the back of a resurgent property market in the UK.

Almost 50 workers are set to lose their jobs in Kilkenny following a decision to close down a local printing operation.

JOHNSTON Press, the owner of the Limerick Leader and Kilkenny People, has negotiated a three-year £485 million (€550m) financing deal, as pre-tax profits fell 56% to £27.5m in the first six months of the year.

Newspaper group Johnston Press today revealed further pain from the advertising slump as it reported widened half-year losses of £94.2m (€107m).

The London market’s recovery story resumed today as the FTSE 100 Index returned above the 4900 barrier.

THE media interests of billionaire entrepreneur Denis O’Brien are not enough to create competition concerns in the Irish market, the Broadcasting Commission of Ireland (BCI) has ruled.

THE Limerick Leader yesterday announced that it was seeking 3.5 redundancies from the 28 journalists on the newspaper.

ONE of the country’s leading regional newspapers, the Limerick Leader, has informed staff that it was closing down its pre-press department with the loss of 19 jobs.

JOHNSTON Press is believed to be preparing to close one of its two printing/production facilities here, as part of cost-cutting measures being administered following its failure to sell its Irish newspaper portfolio.

The FTSE 100 Index struggled to make headway today in spite of a raft of broker upgrades and signs of life in the DIY sector.

Positive broker comment lifted media and water companies today as the FTSE 100 Index clung on to recent gains.

THE Johnston Press share price has plunged after it shelved plans to sell its 13 Irish newspaper titles.

The FTSE 100 Index shed more than 2% today as cautious economic forecasts from the Bank of England dealt a blow to market sentiment.

A cautious economic forecast from the Bank of England left the FTSE 100 Index in the red today and sent the pound slumping back from recent gains.

Newspaper publishers Johnston Press and Trinity Mirror reported more advertising pain today, but offered a glimmer of hope amid signs revenue declines are bottoming out.

A NEW deadline of May 5 has been set for final bids for the Irish portfolio of titles currently owned by Edinburgh-based regional newspaper publisher Johnston Press.

INDEPENDENT News & Media (INM) is remaining coy about the likelihood of any sale of high-profile assets in a bid to lower its e1.4 billion debt.

EDINBURGH-based regional newspaper publisher, Johnston Press is expecting to receive the first indicative offers for its portfolio of Irish titles next week — with St Patrick’s Day the likely date.

The London market hung on to most of the near-5% rise seen in its previous session today as insurance stocks kept up their momentum.

THE 13 titles that comprise the Irish operations of British regional newspaper publisher Johnston Press are now likely to be sold as individual entities rather than one combined asset, as originally expected.

JOHNSTON Press newspapers in the Irish Republic is on the market at a knockdown price, maybe as low as €50 million, according to industry insiders.

The North's Labour Relations Agency has been urged to intervene after talks between Ulster Television management and union representatives over threatened job losses broke down today.

Investors shrugged off fresh economic gloom today as the FTSE 100 Index built on yesterday’s 6% surge with further gains.