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Press Gazette lives on
Press
Gazette, the magazine and news website for journalists, has been
saved from possible closure after being acquired by publisher Progressive
Media.
Its owner, Wilmington announced the closure of the title earlier this
month but this week it completed a deal to safeguard the Press Gazette.
Wilmington said: "On 6 April we announced that we were unable to
continue publishing the printed edition of Press Gazette…We
are therefore pleased to announce that … we completed a transaction
with Progressive Media Group for them to acquire Press Gazette.
They intend to continue the publication of Press Gazette in both
printed and electronic formats.”
Progressive Media indicated it is committed to the long-term future of
Press Gazette and plans significant investment in the title.
Online news coverage and on Press Gazette's network of blogs
has resumed.
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