Press Gazette Again Saved from Closure

In a last-minute deal, the journalism newspaper, Press Gazette, has been saved from closure.

After it seemed earlier this month that the title was being wound up, after 43 years in operation, it has been sold to the publishers of the New Statesman magazine, which itself was recently facing the threat of closure.

Progressive Media are the fourth owners of the title in almost as many years. It is owned by Mike Danson, who is said to be worth an estimated