Back to Search
Start Over
London Evening Standard Cuts Daily Paper for Weekly Publication to Stem Losses.
- Source :
- Bloomberg.com; 5/29/2024, pN.PAG-N.PAG, 1p
- Publication Year :
- 2024
-
Abstract
- London's Evening Standard newspaper, which has been in circulation for almost 200 years, is planning to transition from a daily print publication to a weekly edition. The decision comes as a result of reduced readership due to factors such as remote working and widespread Wi-Fi on London trains. The newspaper, which is distributed for free at bus and train stations, experienced a decline in circulation during the pandemic, leading to a significant drop in advertising income. The publication had previously seen a boost in circulation after becoming free in 2009 under new ownership, but in recent years has relied on funding from its owner, Evgeny Lebedev. Other free publications, such as City AM, have also faced challenges and required rescue deals to continue operating. [Extracted from the article]
- Subjects :
- EQUITY stake
TELECOMMUTING
BREXIT Referendum, 2016
Subjects
Details
- Language :
- English
- Database :
- Complementary Index
- Journal :
- Bloomberg.com
- Publication Type :
- Periodical
- Accession number :
- 177535558