Newsprint in pain as COVID-19 bites, so what’s next?
Stephen Waddington
APRIL 14, 2020
A perfect storm of distribution and falling advertising revenue is a blow to the newsprint business after two decades of battling the shift from print to digital. Reach, one of the largest newspaper publishers, announced a pay cut of 20% for directors, senior management and editorial staff, and 10% for all other staff.
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