The axe has a finally fallen on the Thanet Times, a part-free, part-paid weekly that was one of seven titles Northcliffe Media tried to sell to the KM Group last year.
When the Office of Fair Trading (OFT) overruled that deal the publishers warned that it was likely to lead to closures.
The Thanet Times is the third of the seven Kent titles to cease publication, following the closures in December last year of the East Kent Gazette and the Medway News.
Today's announcement of the Thanet Times closure, in an online article by the editor, refers to the paper's 116-year history.
It is described as "a truly red-top newspaper" featuring "many on-the-edge articles" "with pun-tastic headlines" plus a "weekly dose of page 3 fun." The article goes on to say:
"Our tales were picked up by everyone from the national newspapers in Fleet Street to worldwide television networks who couldn't get enough of the weird and wacky slice of life that we specialised in."
This outcome is hardly unexpected. When the OFT decided that the Northcliffe-KM Group must be referred to the Competition Commission, KM pulled out.
The irony is that the OFT's rationale for ordering a referral was based on its belief that the merger would give KM a virtual monopoly in the east Kent region. The latest closure suggests it will happen anyway.
Source: Thanet Times
Source: http://www.guardian.co.uk/media/greenslade/2012/oct/02/newspaper-closures-northcliffe-media
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