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Two crossed lines that form an X . It indicates a way to close an interaction, or dismiss a notification. Former New York Times CEO Mark Thompson speaking at Insider s IGNITION event in 2015. Business Insider IGNITION 2015
The New European has raised £750,000
($1.02 million) to fund an expansion led by former Daily Mirror executive Matt Kelly.
The paper plans to grow its print run from 20,000 weekly copies and invest in marketing.
Investors include Mark Thompson, the former CEO of The New York Times, and Lionel Barber, ex-editor of the Financial Times.
A group of investors including former New York Times CEO Mark Thompson and former Financial Times editor Lionel Barber this week purchased The New European, a UK print newspaper that first launched in 2016 as a lament against Brexit.
BBC News
image captionThe New European was launched on a short run in 2016 to fight Brexit
A consortium including Mark Thompson and Lionel Barber has conducted a management buy-out of The New European, the make-shift weekly print title initially launched on a four-week run in 2016 to fight Brexit.
TNE was owned by Archant, the local publishing group based in Norwich.
Its chief content officer, former Daily Mirror executive Matt Kelly, led the fund-raising effort, and as of this morning has left Archant to become CEO and editor-in-chief of The New European.
The executive chairman will be Gavin O Reilly, the Irish businessman who was former CEO of Independent News & Media, and whose father Tony was for many years proprietor of The Independent.
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