“It’s a s*** sandwich and there’s no butter,” one source told Media Insider of the situation.
But there might, in fact, be some butter – the administrators, who were called in two weeks ago, are optimistic that some or all of the titles and jobs can be saved.
The Kaipara Lifestyler has been published, as usual, today and last Tuesday, carrying a hefty number of ads in its 24-page editions – among them last week: an advertisement for the sale of the publishing business itself.
According to Integrity Community Media’s website, this incarnation of the company stretches back to 2007, “when it was decided to lift the existing business North West Multi Media Ltd, and develop…