SYDNEY: News Corp announced that it will suspend the printing of 60 community newspapers in New South Wales, Victoria, Queensland and South Australia from April 9.
News Corp Australasia executive chairman Michael Miller said the decision to suspend the printing of its community newspapers was not taken lightly and the media outlet remained committed to serving Australian communities.
The organization said advertising revenues had rapidly declined after the restrictions placed on real estate auctions and home inspections, and the forced closure of event venues and dine-in restaurants during the coronavirus pandemic.
A statement released by News Corp said the community mastheads would “continue to publish digitally with reporters and photographers expanding News Corp’s hyper-local news coverage for consumers across Australia”.
He said News Corp remained committed to serving Australia’s many communities with trusted, professional journalism.
The impact of COVID-19 on the community newspapers came on top of the toll on media from the refusal of digital platforms to pay publishers to use their content, Miller said.
He said during the COVID-19 emergency News Corp’s main priority was to preserve jobs and get the company in a strong position to counter the crisis, abc.net reported.
“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.”
The statement also said News Corp would give community newspaper readers the opportunity to take up a free 28-day digital subscription.
The offer allows access to the websites, apps and mobile sites of News’s metro mastheads — the Herald Sun, The Daily Telegraph, The Courier-Mail, and The Advertiser.
(with inputs from Agencies)
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