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Magazine firm's £600k web boost Magazine firm's £600k web boost
(10 minutes later)
Welsh language publishers Golwg have secured £600,000 from the assembly government which had been earmarked for developing the Welsh language press.Welsh language publishers Golwg have secured £600,000 from the assembly government which had been earmarked for developing the Welsh language press.
Plans for Y Byd, a Welsh daily newspaper, were abandoned in February amid claims the assembly government had not provided enough financial support.Plans for Y Byd, a Welsh daily newspaper, were abandoned in February amid claims the assembly government had not provided enough financial support.
Golwg was one of several companies bidding for funding.Golwg was one of several companies bidding for funding.
It has published its weekly Welsh language magazine for 20 years and said it would now develop an online service.It has published its weekly Welsh language magazine for 20 years and said it would now develop an online service.
Dylan Iorwerth, editor and director, said: "We're extremely thrilled but at the same time, we're very cautious of the massive challenge that lies ahead of us and that this will be a huge responsibility for us."
He said they we're planning to develop the online service simultaneously with the existing magazine to "benefit organisations, companies and individuals".
In February, the Culture Minister Rhodri Glyn Thomas announced there would be an extra £600,000 over three years to support an assembly government promise to expand the Welsh language printed press.In February, the Culture Minister Rhodri Glyn Thomas announced there would be an extra £600,000 over three years to support an assembly government promise to expand the Welsh language printed press.
But backers of Y Byd, which was meant to the first Welsh language daily newspaper, claimed the money was insufficient and sounded the death knell for their proposal.But backers of Y Byd, which was meant to the first Welsh language daily newspaper, claimed the money was insufficient and sounded the death knell for their proposal.
The newspaper, which was based in Mychynlleth, was first unveiled last June when the company said it would print the first copy on St Davids Day this year.The newspaper, which was based in Mychynlleth, was first unveiled last June when the company said it would print the first copy on St Davids Day this year.
Five thousand subscribers were being sought for the publication, which was to cover Welsh, UK and international news.Five thousand subscribers were being sought for the publication, which was to cover Welsh, UK and international news.
However, in November the company announced that it was reviewing the timetable for the launch prompted by a a report on the Welsh language press which concluded not enough people would buy Y Byd to make it viable.However, in November the company announced that it was reviewing the timetable for the launch prompted by a a report on the Welsh language press which concluded not enough people would buy Y Byd to make it viable.
Welcoming what they have called a huge challenge, Golwg said it would also invest in its existing publications.