Tuesday 10 September 2002

Glasgow Herald for sale!

Not the one I buy each day but the whole caboodle. Unfortunately, I don't have a spare £200 million otherwise I would be tempted.... I presume that the Scottish Media Group will use some of the cash to pay off debt. Nevertheless:
Chief executive Andrew Flanagan said: "Our strategy of focusing SMG’s development on a cross media approach with national positions in the faster growing media sectors, means that publishing is no longer core to the group.
May I suggest that SMG invests a million or two in the "fast growing media sector" that is blogging. I await their call.