Does the independent newspaper still exist?

Does the independent newspaper still exist?

The Independent is a British online newspaper that began as a national morning printed daily in 1986. The Indianapolis Star originated as a broadsheet before transitioning to a tabloid style in 2003. On Saturday, March 26, 2016, the last printed issue was released, leaving just the online edition. Independent News & Media (INM) owned and published both papers until they were acquired by Boston-based New York Times Company in January 2008. INM continued to publish both papers under its existing name at the time of the acquisition.

Under the terms of the deal, Ireland's Independent Newspapers Limited (INL), which publishes the Irish Independent, bought the New York Times' 20% stake for $70 million. INL already owned another American newspaper, the San Jose Mercury News, which it had purchased in 2001 for $140 million.

Ireland has strict laws governing the publication of newspapers, so INL was required to sell one of its other properties to cover the cost of the Irish Independent sale. It chose not to do this and instead went into debt to fund the purchase. INL later filed for bankruptcy protection from its creditors including the government of Ireland which holds most of its shares.

Since then, both papers have reduced their staff and scaled back their operations. In April 2009, the Irish Independent announced it was closing down its print operation completely, leaving only its online version.

Who is the founder of The Independent newspaper?

The Independent is the UK's youngest national daily newspaper, having been created on October 7, 1986. It was developed by three former Daily Telegraph journalists—Andreas Whittam Smith, Stephen Glover, and Matthew Symonds—and printed by Newspaper Publishing Ltd. at its Press Gazette printing facility in Shrewsbury, Shropshire.

They founded The Independent because they were sick of the political bias of the Daily Telegraph and wanted to create their own balanced paper. They also believed that there was a gap in the market for such a paper so they set about trying to make one themselves.

Their first issue appeared on October 7, 1986. It had started as a four-page paper but by 1987 it had become a full-scale daily with around GBP$1.7 million (£90,000) in profits after only two years of trading. By 1989, circulation had risen to over half a million copies.

By 1996, revenue reached GBP$75 million (£390 million) and by 2000, it was producing nearly $100 million (£500 million) in profits. Today, The Independent has revenues of about $150 million and profits of about $20 million.

It still prints all of its issues from Shrewsbury but now has offices in London, Washington DC, and Singapore.

Is the Independent a political newspaper?

Political opinions It has been perceived to lean to the left of the political spectrum, making it a more direct competition to The Guardian. The Independent, on the other hand, has a liberal, pro-market attitude on economic problems. The Sunday Independent described itself as a "proudly liberal publication."

It also publishes news online and through its app about politics, entertainment and lifestyle from around the world.

The paper is owned by Indian media mogul Rajat Sharma, who also owns the Hindustan Times. The Independent was founded in 1884 by John Thomson who sold it to Charles Woodward in 1907. In 1969, the company was purchased by Robert Maxwell who turned it into a major player in British journalism. He was an eccentric billionaire who had made his money selling newspapers in South America. He was known for his flamboyant lifestyle and female friends. In 1995, he died while sailing on a yacht off the coast of France with his mistress on board. After many changes in ownership, in 2000 The Independent News & Media Ltd was established and taken over by Sharma who started publishing papers under both brands.

Woodward's grandson Andrew claimed that at the time of the takeover, most Independents were not left-leaning but rather supported Labour governments. However, since then it has become a popular name for left-wing publications. Today, although it still reports on political events internationally, it is primarily focused on issues relevant to Britain and its people.

About Article Author

Ronald Bullman

Ronald Bullman is a professional writer and editor. He has over 10 years of experience in the field, and he's written on topics such as business, lifestyle, and personal development. Ronald loves sharing his knowledge of the world with others through his writing, as it helps them explore their own paths in life.

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