Utilize the input text as a context reference, choose the right relationship between Johnston Press and newspaper from the options. Options: product/material produced, manufacturer, distributed by, industry, position held, original broadcaster, owned by, founded by, distribution format, headquarters location, stock exchange, currency, parent organization, chief executive officer, director/manager, owner of, operator, member of, employer, chairperson, platform, subsidiary, legal form, publisher, developer, brand, business division, location of formation, creator.

Another cigar-butt type value play with a very low valuation is local newspaper group Johnston Press (LSE: JPR), which announced its interim results today.

Answer: industry