19 June 2024, Media24, Lester Kiewit
The demand for news remains strong, but the economics of printing newspapers have become increasingly untenable, says Bird, due to the massive shift in print and traditional advertising to digital platforms.
Bird raises serious concerns about the implications for democracy, particularly in light of persistently high unemployment rates and the broader impacts on related industries.
“It’s 400 jobs… a horrific thing.”
– William Bird, Founder – Media Monitoring Africa
“It’s going to have devastating consequences far beyond just these five particular titles.”
– William Bird, Founder – Media Monitoring Africa