Staff Reporters
May 28, 2020

Print edition cuts and job losses hit News Corp in Australia

It's yet another dark day for news publishing in Australia, as News Corp ends print publishing for more than 100 titles and cuts hundreds of jobs.

Print edition cuts and job losses hit News Corp in Australia

In a "portfolio change" that could put hundreds of people out of work, News Corp has announced that it will cease operations for many community titles in Australia and move more than 100 others to digital-only publication.

Media reports indicate that the moves could result in the elimination of a third of the company's jobs, or between 500 and 1000 positions.  

The company's statement on the matter did not specify the number of jobs to be impacted, choosing to focus on positives such as recent growth in audience figures and digital subscriptions. It also pinned blame for the changes on the COVID-19 pandemic.

“COVID-19 has impacted the sustainability of community and regional publishing," Michael Miller, executive chairman of News Corp Australasia, said in the statement. "Despite the audiences of News Corp’s digital mastheads growing more than 60% as Australians turned to trusted media sources during the peak of the recent COVID-19 lockdowns, print advertising spending, which contributes the majority of our revenues, has accelerated its decline."

The moves, effective June 29, reshape the company to focus on where consumers and businesses are moving, Miller added, by employing more digital-only journalists and making investments in digital advertising and marketing solutions. 

News Corp's move away from print follows a series of painful stories from across the publishing business. Just yesterday, HT Media, the publisher of Hindustan Times, Mint and Hindustan, reportedly laid off more than 100 staff. In addition the industry has seen the closure or possibly sale of the Australian Associated Press (partly owned by News Corp), cuts by Buzzfeed and Quartz impacting Australia and Hong Kong, and the shutdown of major Malaysian magazine publisher Blu Inc, which eliminated 200 jobs. In addition, more than 150 Australian newsrooms may have closed, Nine Entertainment sold its New Zealand publishing company Stuff for $1, and Ten closed its 10 Daily operation, eliminating 20 journalist jobs. 

Related Articles

Just Published

9 hours ago

Mother's first H&M work is a love letter to young ...

From what you reach for on bloated period days, to the joy of compliments from other women on a night out, the campaign uses insight gathered over hours of conversations with young women across the UK.

9 hours ago

Lego Group invites adults to play as it launches ...

The toy production company has teamed up with Bafta Masterclass, Universal Music Group and fashion designer Grace Chen.

9 hours ago

The industry’s two-faced stance on climate change

Agencies are working to make their own operations sustainable but they remain committed to working for fossil fuel clients.

2 days ago

Asia-Pacific Power List 2022: Yves Briantais, ...

The 15-year company veteran is keen to keep his brand’s messaging fresh, drive premiumisation, and surge ahead with digital transformation.