After 30 jobs were cut at Australia’s Fairfax Media, some say that the daily newspapers Sydney Morning Herald and Melbourne’s The Age could be headed to a weekend-only printing schedule. In a speech last week, Fairfax Media CEO Greg Hywood said that with the exception of the Australian Financial Review, 65 percent of the company’s ad revenue was generated through its weekend editions: “It should surprise no one … that the seven-day-a-week publishing model will eventually give way to weekend-only or more targeted printing for most publishers. We are already seeing this happening offshore.”
The post With more jobs cut, Australia’s Sydney Morning Herald and Melbourne’s The Age could eliminate weekday print editions appeared first on American Press Institute.
from American Press Institute http://ift.tt/1ZAFMK3
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