‘Bringing two media groups together will mean enhanced market position’

The acquisition by the Irish Times of a range of media assets, including the Irish Examiner, has created a media group that will reach almost half the population of Ireland.

The new group is of significant size and scale to compete and achieve cost-savings in a challenging market, staff at the Irish Examiner and Evening Echo headquarters in Cork were told yesterday.

The Irish Times managing director Liam Kavanagh said the ultimate aim of the acquisition of Landmark Media’s assets by the Irish Times DAC is to create a group greater than the sum of its parts.