Coronavirus shutting down printing of 60 newspapers...for starters

The shutdown of normal activity due to the coronavirus pandemic is accelerating many structural changes that already were underway in the economy. Now there are signs that the declining newspaper industry, where layoffs continue, may see the shuttering of many more venerable institutions. In Australia, News Corporation, the global media giant that began as a newspaper publisher, has announced that next week, 60 of its Australian newspaper will not be printed. Endangered species? (photo credit: Mike Licht) The shutdown of normal activity due to the coronavirus pandemic is accelerating many structural changes that already were underway in the economy.  Now there are signs that the declining newspaper industry, where layoffs continue, may see the shuttering of many more venerable institutions. In Australia, News Corporation, the global media giant that began as a newspaper publisher, has announced that next week, 60 of its Australian newspapers will not be...(Read Full Post)
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