2008

The global economic downturn hit advertising revenues and shares of media companies fell sharply during the year. John Fry was announced as Tim Bowdler’s successor at Johnston Press in September. The Independentannounced a plan to move to DMGT’s Kensington building to cut costs in November. The BBC Trust rejected plans for local video that would have a negative impact on regional titles in the same month following a sustained campaign by the NS.