Management at the Limerick Independent have confirmed the newspaper is now 100% Limerick-owned, following a local buy-out of the publication by City businessman, Declan Moylan.

Business Manager of the weekly Limerick title for the past two years, Mr Moylan has now become the owner following nearly six months of negotiations.

The Ennis Rd native agreed the deal with Galway businessmen Declan Dooley and Jarlath Feeney of the Independent Free Newspaper Group (IFNG).

“The Limerick Independent is now a locally-owned, managed and staffed company, which is steadily forging ahead towards its target of becoming the leading regional media title in Limerick and the Mid-West,” Mr Moylan said.

Mr Moylan said he was overjoyed at securing a major deal to bring the newspaper under a Limerick-owned management team.

“The most important thing about this deal is that it secures for our ever-growing readership and expanding client base, a quality, full-colour regional media product that is 100% Limerick-owned,” Mr Moylan said.
He stressed that the links with the remaining two IFNG titles, the Galway Independent and Cork Independent newspapers would remain.

“At times such as these, it’s important for local media to be owned and managed by people who know the market and are accessible to their readers and clients. Declan Moylan is in a class of his own in terms of his business acumen, and he’s also a proud Limerick man from a well known and widely respected Limerick family—his takeover of the Limerick Independent is fantastic news, not only for the newspaper itself, but also for the readers and clients to whom it caters,” Mr Watterson said.

Galway business men, Declan Dooley and Jarlath Feeney backed by fellow Galway business man Joe Higgins, launched the Limerick Independent in March 2006 as a ‘sister’ newspaper of the Galway Independent and the Cork Independent.

Aside from Mr Moylan, who vowed to continue his “hands on” presence at the helm of the publication, the Limerick Independent has a workforce of 15 full-time staff and a sizeable number of part-time freelance editorial and photographic contributors.

The paper has steadily built on its circulation, where it now has a VFD certified weekly door-to-door distribution of 24,988 copies to households in Limerick City.

It’s officially the largest door to door distribution in Limerick. A further 20,000 copies are delivered in bulk to newsagents, hotels, pubs and other outlets throughout the City and County.

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