Canadian Publishing Industry News
29 May 2020,     SYDNEY, AUSTRALIA
News Corp Kills Over 100 Publications
Australia's largest media company by far
Australia's largest media company by far
News Corp said it would stop printing more than 100 Australian newspapers by the end of June, closing 36 outright and moving the rest solely to the Internet, in its latest response to media shifts accelerated by the coronavirus pandemic. News Corp which dominates Australia's media and political landscape said it would take 76 regional publications online only and shut another 36 altogether. It said the closures would lead to job cuts.
Still Australia's largest newspaper publisher
Still Australia's largest newspaper publisher
Advertising spending in retail stores and tourism , the lifeblood of the news media, has since collapsed ."We are reshaping News Corp Australia to focus on where consumers and businesses are moving." Australian Associated Press, a newswire part-owned by News Corp, announced its closure after 85 years, as did the local arm of youth website Buzzfeed News and a news site of ViacomCBS Inc owned free-to-air broadcaster Ten Network.
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