UK Newspaper to Shut Down 30 Year Old Press, Focus on Online
As contemporary existence becomes more and more technology-centric, there is another development to emphasise this movement further. UK’s Independent has announced that the paper will go out of print, after a long, flourishing career of 30 years. Instead, the platform would become a digital news portal with http://www.independent.co.uk and its associated sites.
The owner of The Independent and the Independent on Sunday newspapers, Evgeny Lebedev announced today. The last Independent issue would hit the stands on the 20th of March, while Independent on Sunday on the 26th of March. Following this, it will be a digital-only product sold to Johnston Press for £24 million.
Lebedev told his staff, “We faced a choice: manage the continued decline of print, or convert the digital foundation we’ve built into a sustainable, profitable future.”
Many employees would join Johnston Press while many would have to be laid off. However, it’s been further added that those who are “long-term casuals” as per their contract will receive two weeks’ pay for each year worked, along with their notice period.
It is indeed time to say goodbye, and perhaps go on a trip of nostalgia often associated with the forward movement of contemporary lifestyle owing to the changes ushered in by technology.
