The decline of newspapers has been debated, as the industry has faced slumping ad sales, the loss of much classified advertising and precipitous drops in circulation.

[3] Faced with the impossibility of regular loan repayment, the ownership (Ninoslav Pavić and WAZ-Mediengruppe with 50 percent each) reached in February 2014 a pre-failure settlement with creditors.

[5][6] Founded in 1990 by Ninoslav Pavić and his partners, Europapress Holding's first publication was the weekly news magazine Globus.

[8][citation needed] Later on, in mid and late 1990s, Globus started writing about the shady aspects of privatization in Croatia, organized crime and all other topics avoided by the government-controlled media.

[14] On 1 March 2003, a bomb exploded under the car of Nino Pavić, the owner of Croatia's biggest private publishing company Europapress Holding.

[16] The leading human rights and democracy monitoring organization OSCE claimed that the "car bombing targeting Croatian media mogul Pavic was an 'act of terror'".

Former prime minister and current president of Croatia Zoran Milanović announced that the University North would become a public national university, which finally occurred in 2015 as the Ministry of science and education passed a law named 'Zakon o prijenosu osnivačkih prava s gradova Koprivnice i Varaždina na Republiku Hrvatsku' and transferred the ownership from cities of Koprivnica and Varaždin on to Croatia.

Therefore, on 22 December[25] and 30 December[26] 2014, the EPH Assembly appointed a new management board in which President Zrinka Vuković Berić, former Director of Finance and Procurator of the Law Firm Hanžeković and Partners, and members journalist Tomislav Wruss, the initiator of the first ten years of publishing the editor-in-chief of Jutarnji list and a few days later Ante Samodol (formerly the President of the management board of the Croatian Financial Services Supervisory Agency).

This was formally confirmed on February 20, 2020, when the Commercial Court in Karlovac issued a decision on "deleting the record of approval of the pre-bankruptcy settlement of the subject of registration Hanza Media d.o.o.