INM’s paywall created by firm owned by financier Desmond
The tycoon’s company Flip-Pay designed and operates the paywall for the Belgian-owned news group’s website
Flip-Pay, a company owned by businessman Dermot Desmond, is behind the design and operation of Independent News & Media’s newly-introduced paywall, it has emerged.
Having resisted the introduction of a paywall under previous ownership, the INM group – now owned by Belgian company Mediahuis – went live with its paywall in February, and has added about 16,000 subscribers since then.
Flip-Pay is run by Paul McCarthy-Brain, a former executive with Desmond’s GBE Technologies out...
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