KM Media Group Ltd.
Like many local newspaper groups, KM suffered massive change to its traditional market through digitalisation, whilst also adjusting to the harshest recession in its 156 year history. Since 2009 the group has grappled with repeated operational and financial restructurings due to constantly declining revenues. This involved process re-engineering, cost improvement, asset sales, opening new routes to market and implementing an innovative, long-term DB Pension Scheme deficit solution.
Continuous transformation is ingrained in the corporate culture, driving innovation, resilience and greatly improving financial performance, positioning KM to dynamically continue meeting the needs of the people of Kent.