The directors of Richard Eastcliff Holdings (Virgin Islands) (2014) Ltd are pleased to announce the purchase of the weblog currently known as 'The Daily Thanet', along with all associated assets, for £1.
Commenting on the purchase, Richard Eastcliff Holdings (Virgin Islands) (2014) Ltd Managing Director Richard Easctliff said: "With a readership in the tens of thousands per month, we see great potential for this site, which fits our strategy of acquiring hyper-local media assets."
The site's former editor has been retained on a six month consultancy basis to oversee the smooth transition of the business to the new owners.
Further announcements regarding the future of the site are expected shortly.
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