The Business of Media: Good news for INM shareholders, but uncertainty remains

There were some very pleased shareholders at Independent News and Media's (INM) extraordinary general meeting last week.

'Plenty of investors are less than happy with the sorry state of their investment, but some see light at the end of the tunnel. Journalists in Dublin's Talbot Street are less happy, however'.

There were some very pleased shareholders at Independent News and Media's (INM) extraordinary general meeting last week.

Speakers from the floor were enthusiastic in their praise for chairman Leslie Buckley and chief executive Vincent Crowley, and the significant debt writedown which at least provides some prospect of growth in the shareprice.

Plenty of investors are less than happy with the sorry state of their investment, but some see light at the end of ...