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Jeremy Warner's Outlook: Media joins distress rights issue queue
Thursday, May 15, 2008
There was a time when Tim Bowdler, Johnston Press's long-standing chief executive, could do no wrong. Yes, newspapers appeared to be a mature, gently declining industry which with the growth of the internet faced some big structural challenges, yet, by hoovering up unwanted regional titles, integrating them into a larger group and cutting cost, Mr Bowdler seemed to be able to make the bottom ...
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