PCM Uitgevers, the Dutch publishing house, has pulled out of a joint venture with Marcel Boekhoorn to launch a free quality newspaper in The Netherlands.
Boekhoorn, a wealthy entrepreneur, was set to take a 51 per cent stake in the venture that would see him producing the paper and PCM printing it.
The idea was criticised by some PCM shareholders, who said that the venture would eat into PCM's paid-for nationals, which include NRC Handelsblad and De Volkskrant, even though they would have no editorial control.
Boekhoorn's paper is due to appear in the beginning of 2007, with a circulation of more than 600,000.
Join a growing community of media, marketing and advertising professionals today
Read exclusive registrant only articles
Read more articles each month
Sign up for free specialised news bulletins
Register NowGet the very latest news and insight from Campaign with unrestricted access to campaignlive.co.uk , plus get exclusive discounts to Campaign events
Become a memberGet the latest creative jobs in advertising, media, marketing and digital delivered directly to your inbox each day.
Create an alert now
