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Everymum deal cost ‘Irish Daily Mail' publisher €1.4m

Everymum deal cost ‘Irish Daily Mail' publisher €1.4m

The company paid €1.4m for the business.
The £2.2m deal is disclosed in new accounts for the Irish arm of the UK-headquartered Associated Newspapers, which show pre-tax profits increased by 29pc to €1.46m in the 12 months to the end of September 29 last year.
The directors for Associated Newspapers (Ireland) Ltd, which trades as DMG Media Ireland, said revenues increased by 5pc from €15.64m to €16.47m as costs increased by 7pc, 'resulting in a positive profitability for the year of €3.8m'.
The company recorded the post-tax profit of €3.8m after recording a corporation tax credit of €2.33m.
The directors said: 'The revenue and cost increases are due to the investment in Everymum and ongoing investment in print and digital content.
A note to the accounts states that on 17 October 2023 the company purchased the share capital of Everymum Limited for a total of €1.4m.*
Husband-and-wife team John Mullins and Gina Militiadou of the Bray-based Zahra Media sold Everymum to DMG Media Ireland in October 2023 in the £2.2m deal. The sale came 23 years after the couple established the website. Everymum has a community of over 200,000 opted-in users.
The couple's former Eumedia Ltd, which operated Everymum, recorded post-tax profits of €162,015 as revenues increased by 22pc to €1.07m in 2022.
The Everymum website also includes the Ultimate Maternity Guide, the National Parenting Product Awards and the Everymum SuperValu gift bag scheme.
The acquisition of Everymum continued a period of expansion at DMG Media Ireland having acquired a number of businesses over the past number of years including Business Plus, Rollercoaster.ie, OneFabDay.com and Geek Ireland.
The publishing group also operates extra.ie, extraG.ie and evoke.ie
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Numbers employed by the expanding group increased from 124 to 129 as staff costs rose from €9.96m to €10.49m.
Pay to directors declined marginally from €762,000 to €748,000 made up of €699,000 in emoluments and €49,000 in pension contributions.
Accumulated profits at the end of September last totalled €6.67m.
Separate group accounts filed by Daily Mail and General Trust PLC show that revenues increased to over £1bn last year.
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Stephen Bradley recommends drastic change be made to League of Ireland calendar in order to aid European hopes
Stephen Bradley recommends drastic change be made to League of Ireland calendar in order to aid European hopes

The Irish Sun

time9 minutes ago

  • The Irish Sun

Stephen Bradley recommends drastic change be made to League of Ireland calendar in order to aid European hopes

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20 years ago a group of fans got together and saved Shamrock Rovers
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time9 minutes ago

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20 years ago a group of fans got together and saved Shamrock Rovers

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Mark Lynch is still the club's head of communications. He recalls: 'We didn't set out to own the club out of examinership, it just happened. 'So, we put in a bid and the judge accepted the package, and the rest is history.' Jonathan Roche was appointed chairman of the club he had supported all his life when the fans took over. He remembers how there were doubts that they would make it. 'At the end of examinership, I just remember Neil Hughes thinking it wasn't going to work,' says Roche. 'But we persuaded him, we managed to raise the money that convinced him we could do it.' (Left to right) Mark Lynch, Noel Byrne and Jonathan Roche (Image: INPHO/Aleksandar Djorovic) The 2005 season was in full swing at the time, so not only did the regular outgoings of a Premier Division campaign had to be paid, but money had to be found to satisfy the court that future commitments could be met. Raising the funds was a huge challenge. 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Deep pride in Cork as Michael Collins' diary from 1919 goes on display in Clonakilty for August
Deep pride in Cork as Michael Collins' diary from 1919 goes on display in Clonakilty for August

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For the fourth year in a row, the National Archives, in partnership with Cork County Council, has sent one of Irish independence leader Michael Collins' working diaries to be displayed in the museum dedicated to him in his hometown of Clonakilty. This year's diary is the 1919 edition and highlights a lesser-known aspect of Collins' work – his international connections. Alongside the diary, visitors to the Michael Collins House Museum can peruse a selection of letters exchanged between Collins and Donal Hales, a fellow Cork man who was an Irish diplomat based in Italy from 1919 to 1922. Hales, a brother of West Cork IRA leaders Tom and Sean, sought to gain diplomatic recognition for the nascent Irish republic from both the Italian government and the papacy. He also tried, unsuccessfully, to organise arms shipments from Italy to Ireland. The Cork man regularly sent Collins Italian newspaper clippings and reports on European sentiment toward Ireland's independence movement. In return, Collins shared candid updates on the escalating conflict, political developments, and the challenges of building a new state. The diaries, which cover the period from 1918 to 1922, have been officially loaned to the National Archives by the Collins family. They have now been digitised and can be explored on a touchscreen at the Michael Collins House Museum and the National Archives in Dublin. The pocket-sized books are terse records of the daily meetings, appointments and tasks of a busy man trying to run a guerilla war and organise a national loan for a new state while avoiding capture by the British administration in Ireland. 'They're operational diaries, essentially that's what they are. They give a good insight into the internal workings of Collins' mind. When you look at the diaries, you can see Collins was very good at his to-do lists,' the museum's general manager Jamie Murphy told the Irish Independent. The diary will be on display until August 31. The Michael Collins House Museum, which is funded by Cork County Council, is located at 7 Emmet Square in Clonakilty. Opening hours are Tuesday to Sunday 9am – 6pm and admission is free. Funded by the Local Democracy Reporting Scheme.

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