Mar 5, 2018

How long until this newspaper closure cycle comes to pass?

What does the closure of a number of NZ newspapers means for our media market?

Christopher Warren

Journalist and media watcher

The print financial crisis has shifted focus from job cuts to closures. A cycle once years away, is now before us.

First off the mark this year: Fairfax announced they’re closing 28 New Zealand papers, unless they can sell them. That’s one of the largest mass culls of titles in recent newspaper history – about one in three in New Zealand’s largest group.

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One thought on “How long until this newspaper closure cycle comes to pass?

  1. Arky

    Didn’t even realise there were any local papers left out there which aren’t glorified real estate advertising pamphlets. None will survive.

    The paywall model is stupid. A lazy, un-creative way to try and recreate the model of a print publication with a subscription fee.

    The free model with advertising is very Internet 1.0, which is appropriate given that newspapers were about 10 years behind the curve on moving content online.

    Newspapers to survive need to invent a new monetization model which neither blocks out customers nor relies on them paying a pittance either via paywall or via crappy online advertising. I have some ideas… just not giving them out here for free!

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