News Corp Australia will stop printing 60 of its community newspapers in New South Wales, Victoria, Queensland and South Australia from April 9.
Mr Michael Miller, Executive Chairman of News Corp Australasia, said the decision to suspend printing was not taken lightly, and comes in the wake of plunging advertising revenues from the real estate and hospitality sectors.
“During this unprecedented time it is imperative that we reduce costs while continuing to keep the community informed,” Mr Miller said.
“The print suspension will allow us to assess the shape of the market itself and future conditions, taking into account how the coronavirus situation unfolds in the coming period.”
Dozens of job losses are expected to follow as Mr Miller did not rule out redundancies in a recent note to staff obtained by The Guardian.
“In coming days, the direct managers of affected staff will discuss the impact of this suspension with individuals and teams,” the internal email read.
Mr Miller said the mastheads would continue to publish digitally but did not specify whether printing would resume after the crisis is over.
Readers can access a free 28-day digital subscription which gives access to the community titles as well as the metro mastheads the Herald Sun, the Daily Telegraph, the Courier-Mail and the Advertiser.
The Greek Herald also offers home delivery and subscription:
Following this recent announcement, The Greek Herald is moving to a month-to-month distribution system to deliver newspapers straight to the homes of our readers.
There are currently two options available: (1) Door-to-door delivery in selected suburbs, and (2) If your suburb is not on the list, we can post the newspaper direct to your door through Australia Post.
READ MORE ABOUT OUR TWO OPTIONS HERE.
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