Tuesday, November 17, 2015


While I wasn't paying attention, local journalism thought leader and former BBC technology boss Ashley Highfield stepped up to the role of Chairman of the News Media Association. It's the newspaper bosses' 'voice', formed last year from the merger of the Newspaper Society, representing local/regional papers, and the Newspaper Publishers' Association, representing national press.

This role is in addition to his work as an adviser to Culture Secretary John Whittingdale, on Charter Renewal, and as CEO of Johnston Press. In June 2014, Johnston Press raised money by issuing 4.6 billion new shares. In November last year, the company decided there were too many shares circulating, and consolidated them at a rate of 50 to 1. Just after the consolidation, the shares were trading at over 150p each. Today, they're a snip at just over 60p.

Ashley's NMA role was reported by journalism site Hold The Front Page, and the twenty comments below the piece are worth a read.

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