Local Press Ltd
Coordinates: 55°00′44″N 7°19′06″W / 55.01212°N 7.3183°W
Derry Journal Newspapers (formerly Local Press Ltd) is a holding company of Johnston Press that operates several local newspapers in Northern Ireland. Its key titles include the second oldest newspaper still in existence in Ireland, the Derry Journal. The company also publishes the Sunday Journal/Donegal on Sunday the only local newspaper in Ireland to be published on a Sunday. The company is based on the corner of Pannyburn Pass and Duncreggan Road, Derry.
The company's founding paper was the Derry Journal which was launched in 1772, and remained its sole possession until the 1990s. In 1998, the group was purchased by Mirror Group Newspapers (which became Trinity Mirror a year later) from the McCaroll family who had owned the paper since 1925, for £18.25 million.
In January 2004 Local Press Ltd, a holding company of investment firm 3i purchased the Derry Journal Group as well as the News Letter, a leading Northern Irish daily, from Trinity Mirror. Local Press was then purchased by Johston Press a year later in November 2005 for a reported £65m.
In addition to Derry Journal Newspapers, Johnston Press own several other local titles across Northern Ireland through the holding company Johnston Publishing (NI). Johnson Press' Republic titles were sold in 2014.
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