Iceland’s biggest newspaper, Frettabladid is distributed free-of-charge seven days a week to people’s homes. It is entirely reliant on advertising revenue and has been suffering along with all other media in the current downturn in the advertising market. Read the full story

MBL.is reports that Arvakur hf. and 365 hf. have signed an agreement on the merger of Frettabladid and Posthusid Arvakri, the company responsible for Morgunbladid.

Under the deal, Frettabladid will become the freely distributed sister paper of Morgunbladid, and Read the full story