![]() ![]() In March 1995, Newspaper Publishing was restructured with a rights issue, splitting the shareholding into O'Reilly's Independent News & Media (43%), MGN (43%), and Prisa (publisher of El País) (12%). Tony O'Reilly's media group and Mirror Group Newspapers (MGN) had bought a stake of about a third each by mid-1994. A number of other media companies were interested in the paper. Newspaper Publishing had financial problems. It featured spoofs of the other papers' mastheads with the words The Rupert Murdoch or The Conrad Black, with The Independent below the main title. In the 1990s, The Independent was faced with price cutting by the Murdoch titles, and started an advertising campaign accusing The Times and The Daily Telegraph of reflecting the views of their proprietors, Rupert Murdoch and Conrad Black. Some aspects of production merged with the main paper, although the Sunday paper retained a largely distinct editorial staff. When The Independent launched The Independent on Sunday in 1990, sales were less than anticipated, partly due to the launch of the Sunday Correspondent four months prior, although this direct rival closed at the end of November 1990. Are you?", and challenging both The Guardian for centre-left readers and The Times as the newspaper of record, The Independent reached a circulation of over 400,000 by 1989.Ĭompeting in a moribund market, The Independent sparked a general freshening of newspaper design as well as, within a few years, a price war in the market sector. Launched with the advertising slogan "It is. The Independent attracted some of the staff from the two Murdoch broadsheets who had chosen not to move to his company's new headquarters. As a result of controversy around Murdoch's move to Wapping, the plant was effectively having to function under siege from sacked print workers picketing outside. ![]() Consequently, production costs could be reduced which, it was said at the time, created openings for more competition. Rupert Murdoch was challenging long-accepted practices of the print unions and ultimately defeated them in the Wapping dispute. ![]() The paper was created at a time of a fundamental change in British newspaper publishing. Marcus Sieff was the first chairman of Newspaper Publishing, and Whittam Smith took control of the paper. All three partners were former journalists at The Daily Telegraph who had left the paper towards the end of Lord Hartwell's ownership. It was produced by Newspaper Publishing plc and created by Andreas Whittam Smith, Stephen Glover and Matthew Symonds. Launched in 1986, the first issue of The Independent was published on 7 October in broadsheet format. The website and mobile app had a combined monthly reach of 19,826,000 in 2021. The daily edition was named National Newspaper of the Year at the 2004 British Press Awards. In 2017, Sultan Muhammad Abuljadayel bought a 30% stake in The Independent. Lebedev also co-owned Novaya Gazeta alongside Mikhail Gorbachev until the latter's death on 30 August 2022. The newspaper was controlled by Tony O'Reilly's Irish Independent News & Media from 1997 until it was sold to the Russian oligarch and former KGB Officer Alexander Lebedev in 2010. The last printed edition was published on Saturday 26 March 2016, leaving only the online edition. Nicknamed the Indy, it began as a broadsheet and changed to tabloid format in 2003. It was established in 1986 as a national morning printed paper. The Independent is a British online newspaper. Northcliffe House, Kensington, London, United Kingdom ![]()
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