News Corp to stop printing more than 100 Australian papers

[WhiteTara]

https://www.msn.com/en-us/news/world/news-corp-to-stop-printing-more-than-100-australian-papers/ar-BB14GyjP?ocid=st

If ever there was a time for more local news, this monster is leaving people totally in the lurch.

Rupert Murdoch's Australian flagship media group News Corp announced Thursday it will stop printing more than 100 regional and local newspapers, blaming a collapse in advertising made worse by the coronavirus pandemic.

The decision by Rupert Murdoch's News Corp is expected to cost hundreds of jobs

The decision comes after News Corp announced on 1 April it was temporarily halting printing of around 60 community newspapers and is expected to cost hundreds of jobs.

The company said the bulk of its regional and local papers would shift to digital-only publishing by 29 June, with 76 papers moving online and 35 other titles closing permanently.

The move echoes a global trend in the troubled media industry, as falling readerships and the continued rise of Google and Facebook eats into media advertising revenues.

News Corp Australia executive chairman Michael Miller said the permanent changes had been brought on by the coronavirus pandemic, which had impacted the sustainability of local publishing

[jimfields33]

1. Signs of the times

I’d imagine in 10 years, all newspapers and magazine will be online only. Good news is a lot of saved trees.

[MicaelS]

2. Bad news for news.

People will not pay every time they want to read one article on a news webpage.

[jimfields33]

3. I know but sites like DU always have at least one person who will provide the article

Plus, most only get a daily paper. Very few get 10 newspapers a day. So some may just get the local online paper at a monthly or annual cost.

[safeinOhio]

4. Workers are capital. n/t