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Newspaper publisher sees continuing challenging conditions in regional markets

Just consider the trouble newspaper business Johnston Press (JPR) would be in, if it hadn’t completed the £24m acquisition of the ‘i’ newspaper last April.

Its latest trading update (19 May), covering the first four months of 2017, shows total revenue up 0.2%. Without the ‘i’, Johnston would have suffered a 12% revenue decline on a group basis.

If the readership of the ‘i’ publication were to tail off, the market focus on its struggling local newspaper operation could intensify.

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