News. The privately-owned Illiffe Media Group, of the UK, has acquired local paper the Newbury Weekly News via a JV with Peter Fowler. The new Newbury News and Media will be a unit of Iliffe Media Group which was re-started in 2016, launching the Cambridge Independent and subsequently growing through acquisition. Its former family-owned portfolio of newspapers was sold to Local World (along with the regionals of DMGT) and then acquired by Reach Plc (formerly Trinity Mirror). In 2017, it acquired 13 regional papers from Johnston Press for £17m. The Newbury Weekly News was established in 1867 and has been family owned until now. The sale competed on May 1 and terms have not been disclosed.