Bob LeFridge on Nostr: In more bad news for local media, NZME plans to close 14 of its community papers, ...

In more bad news for local media, NZME plans to close 14 of its community papers, that's all but two of their North Island mastheads.

Rising costs & dwindling advertising revenue are to blame, but smaller communities need local news and Facebook is no substitute.

Aside: Why do so many companies lay off staff just before Christmas?

https://www.stuff.co.nz/nz-news/360486657/nzme-proposes-close-14-community-papers-30-jobs-be-cut

#NZ #Media #NZME