Why the republic newspaper will survive
A report by the Irish Times says the Irish Independent newspaper will be a “reliable, reliable, credible, credible source of information and opinion” for the Republic.
The Independent newspaper has seen its readership fall by around two thirds in the past decade.
It has been a casualty of the loss of the Republic newspapers and the loss in circulation of newspapers and periodicals from the Republic of Ireland and from overseas sources.
It also lost the Republic’s best-selling daily newspaper, the The Irish Independent, which has a circulation of nearly 500,000.
The Irish Times has seen a drop of more than a quarter in its readerships in the last four years.
Its circulation has fallen by nearly 40 per cent since 2007.
Its online audience is down by about 30 per cent, to around 3.5 million.
The newspaper is the second-most visited news website in the Republic after the Irish Examiner.
The Irish Examiner is the Republics largest independent news website, with more than 3 million visitors a month.
The editorial board has voted in favour of an internal redundancy in order to protect its assets.
The board has asked for the appointment of a chief executive to replace its chair, which was recently removed from the board by the previous chairman.
The chair will be replaced by an independent who will oversee the organisation’s financial and legal affairs, and will report to the board.
It has been in administration since 2012.
The new CEO will be chosen from the existing board.
The announcement follows a meeting of the board on Thursday, attended by the current chairman, Stephen Byrne, and senior management.
“The Irish Independent has become a casualty, a casualty that is going to be dealt with in a very, very different way,” the IrishTimes said.
“We have taken steps to rebuild its brand, and to create a new type of Irish newspaper that will be more credible, more credible and more credible for its readers, as well as a source of independent and objective news that is in the public interest.”