INM's post-O'Reilly era starts in a tough climate

Denis O'Brien's boardroom coup may be positive for INM on some levels, but the group faces more cost-cutting and problems with high debt, writes Samantha McCaughren.

1st September, 2012
Denis O'Brien. Photo: Tony O'Shea

Long before the recession started to bite and take large, painful chunks out of advertising budgets, there was uncertainty for shareholders in Independent News & Media (INM).

In 2006, when Denis O'Brien began investing in the company, INM was still trading in a bountiful market and the share price was well above €3.00. But the intentions of this "dissident" shareholder were unclear. While his criticisms of the board and its strategy may have seemed irrelevant...

Subscribe from just €1 for the first month!


What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

The year in review

Legacy Richie Oakley 1 year ago

Newsround: What Thursday’s papers say

Legacy Leanna Byrne 5 years ago

More cycle routes, expansion of Luas to Bray and new bus network proposed

Legacy Digital Desk 5 years ago