This morning, we picked up news that Guardian Media Group was reported to be in talks with Trinity Mirror, over a possible sale of GMG Regional Media, which includes flagship title, the Manchester Evening News.
GMG Regional Media CEO, Mark Dodson, issued a statement to staff this morning in which he acknowledged talks with an unnamed party, but did not confirm Trinity Mirror’s involvement.
A statement is expected to be released to the media later today.
A MEN media staff member said: “If the rumours are true, then this is a huge blow for staff at the Manchester Evening News and the weekly titles.
“Staff have only just got over a series of redundancies, with more than 70 people losing their jobs.
“This is just another kick in the teeth for hard-working staff who have seen the Guardian bleed the regional titles dry over the last few years.
“The worst thing is that no-one has communicated with staff – we had to find out through How-Do, and although no-one has confirmed it is true, they are not denying it either.”
Another insider said: “A potential sale of the MEN / GMG Regional to Trinity Mirror has been the subject of much speculation for the best part of this year, if not before.”
Update: GMG has issued the following statement, which does not confirm the name of any parties:
“In line with its remit GMG keeps its portfolio under review on an ongoing basis.
“Since the publication of the Digital Britain report we have been considering the potential for further consolidation within the regional press sector, and as part of this there have been some exploratory talks regarding our regional media business.
“However these are at a very early stage and it is not clear whether they will progress or what the outcome is likely to be.”
Trinity Mirror declined to comment.