'Star' management to brief staff on changes

The management of the Irish Daily Star newspaper is expected to inform staff today of plans to implement a number of changes …

The management of the Irish Daily Star newspaper is expected to inform staff today of plans to implement a number of changes to the way the company operates.

This is expected to include the relocation the company’s operation from Dundrum to the offices of Independent News Media on Talbot Street in Dublin’s city centre.

Staff are also expected to be told that managing director Ger Colleran will once again take over as editor of the newspaper, which is a joint venture between INM and Richard Desmond’s Northern Shell in the UK.

It is not clear if Mr Colleran will retain his role as managing director.

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Mr Colleran had edited the Star from 1999 until November 2011, when he became the company’s MD.

One source indicated that synergies would be targeted by combining certain activities of the Star with the Sunday World, a wholly owned INM title.

This is likely to include advertising and other back-office functions.

A spokesman for INM confirmed that a staff meeting would be held today but declined to comment on what would be discussed.

The Star has had a tumultuous four months. In September it was threatened with closure by Mr Desmond, who was angry at the decision by the Irish paper to publish photographs of Duchess of Cambridge Kate Middleton sunbathing topless in France.

This led to the suspension of editor Michael O’Kane, who then left the newspaper in November.

Profits at the paper have fallen sharply in recent years. Latest accounts for Independent Star Ltd show that its pre-tax profit declined 61 per cent in 2011 to €1.7 million, while its turnover was 19 per cent lower at €32.9 million.

The Star employs about 120 people and moved to Dundrum in late 2010.

Ciarán Hancock

Ciarán Hancock

Ciarán Hancock is Business Editor of The Irish Times