News Corp to suspend print editions of 60 local newspapers as advertising revenue slumps

·

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.”

Jobs are on the line as News Corp Australia decides to stop printing 60 of its local newspapers. Source: Mumbrella.

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.

If you wish to subscribe or have any further questions, please email info@foreignlanguage.com.au

Cretan Convention - Web Banner

Advertisement

Share:

KEEP UP TO DATE WITH TGH

By subscribing you accept our Terms of Service and Privacy Policy.

Advertisement

Latest News

Step into the world of mental health with Georgia Cassimatis’ latest book

Greek Australian author and journalist, Georgia Cassimatis, has released a book all about exploring the world of mental health.

GOCNSW Welfare Service to put a spotlight on cyber security awareness

The Greek Orthodox Community of NSW’s (GOCNSW) Welfare Service has organised three Cyber Security Awareness education and training workshops.

Marriage of a Greek woman abroad: What to watch out for

It is during this registration process that numerous problems arise, which are not dealt with immediately but later on.

Athena Competition Greek winners show olive oil diversity

By Lisa Radinovsky from Greek Liquid Gold. At the 10th anniversary edition of the ATHENA International Olive Oil Competition in Chania, Crete, Greece in May, 175 Greek olive oils...

Greece’s island communities face population crisis

The demographic decline in Greece is hitting its islands hard, with Lemnos and Agios Efstratios showing alarming signs of aging populations.

You May Also Like

Melbourne’s La Trobe University signs MoU with Greek university

La Trobe University has signed a memorandum of understanding with the National and Kapodistrian University of Athens. Read more here.

Students from Greek Community of Melbourne schools excel in 2022 VCE exams

Greek Community of Melbourne students continue to stand out for another year in the VCE exams with their excellent performance in Greek.

Inter IKEA to invest 70 million euros in Greece’s logistics infrastructure

Andrea Colzani announced Inter IKEA's intention to invest in Greece at a meeting at the Maximos Mansion on Tuesday morning.