The latest issue of Private Eye takes a look at the decision by Wilmington to close Press Gazette less than a week after hosting the lucrative British Press Award.
The Eye notes:"Wilmington made no mention of the closure ahead of the 2009 Press Awards on 31 March and with good reason. Would it have found it so easy to charge a corporate rate of £3,000 per table, plus VAT if the 700 paying guests knew the magazine which supported the awards was about to fold?
"With more than 60 tables at the Grosvenor House Hotel, it was a nice little earner for Wilmington. No wonder it still wants to continue the awards without the bother of producing the magazine - inspired no doubt, by those BBC executives who for several years carried on hosting a What the Papers Say awards lunch while killing off the programme itself."
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