Sunday Tribune halts publication
Irish newspaper, The Sunday Tribune, has halted publication less than a month after going into receivership.
The receiver is understood to be trying to find a buyer, but the company will be liquidated if attempts are unsuccessful.
In a statement, a spokesman for Tribune Newspapers plc said: “Following a review by the Receiver – in consultation with the management of the company – of the financial and risk areas of the Sunday Tribune, it has been decided that publication of the newspaper together with its online edition will be deferred during the sale process.
“February salaries are being paid to ensure that the Sunday Tribune‘s team of quality journalists, advertising and administrative staff are retained.”
The newspaper – which sells fewer than 60,000 copies and employs 43 staff – went into receivership when its part-owner, Independent News and Media Plc, decided to withdraw funding last month.
The move was announced on the day the Irish General Election was called.
At the time, NUJ Irish Secretary Séamus Dooley said there was no prior warning of the threat to the newspaper – despite a precarious financial situation.
