Evening Standard to record £10m loss

[skyscraper101]

They're discontinuing the daily edition and it'll now be weekly.

The Standard has lost £84.5m in the past six years, according to its accounts, and is reliant on funding from its part-owner Evgeny Lebedev to survive

London Evening Standard to close daily newspaper and launch new weekly

Chair Paul Kanareck says newspaper’s losses – £84.5m in the past six years – not sustainable

www.theguardian.com

 

[pbsmooth]

you can't even give it away... sad news but no great surprise. daily newspapers' days must be numbered.

 

[Rob Ray]

Yeah not surprised, also its pitch is not particularly in touch with London's general lean so it's not really helped itself

 

[skyscraper101]

I only ever pick it up to line the floor if I'm dying hair. It's pathetically slim these days.

 

[lazythursday]

All the more puzzling how daily newspapers with a tenth of the circulation of the Standard (eg the Manchester Evening News) manage to keep churning out a daily newspaper. I think the MEN is only free on certain days so perhaps that explains it.

 

[pbsmooth]

All the more puzzling how daily newspapers with a tenth of the circulation of the Standard (eg the Manchester Evening News) manage to keep churning out a daily newspaper. I think the MEN is only free on certain days so perhaps that explains it.

kept alive by the website, I'd imagine, like most print titles. and they're Reach plc I think so a big publishing group.

 

[Puddy_Tat]

Yeah not surprised, also its pitch is not particularly in touch with London's general lean so it's not really helped itself

not really sure it ever was - main target market always seemed to be the middle class outer suburban / home counties commuters. plus the job adverts of course, although again they tended more (but not exclusively) towards central london office work - papers like the south london press were more use to most people...

 

[BusLanes]

kept alive by the website, I'd imagine, like most print titles. and they're Reach plc I think so a big publishing group.

Reach had 3-4 major redundancy rounds in late 22-23, so I suspect they're going to shut more and more titles

 

[cupid_stunt]

Reach had 3-4 major redundancy rounds in late 22-23, so I suspect they're going to shut more and more titles

I think a lot more regional dailies will switch to weekly publication, I was looking at some ABC figures the other days, the Brighton Argus is now selling under 4,000 copies a day, that was around 32,000 about 20 years ago.

And, a lot of weekly papers will disappear, around here I expect that will start with the West Sussex Gazette, now selling just 275 copies a week, how on earth can that be making money?

 

[ska invita]

you can't even give it away... sad news but no great surprise.

Sad news? its amazing news! In the dustbin of history it goes!

 

[ska invita]

It's pathetically slim these days.

and yet it was still full of back to back shit

 

[lazythursday]

Newsprint is sometimes really useful for practical things, and it used to be so easy to come by. I had some soaking wet trainers the other day - 'stuff some newspaper in them' suggested my partner, but there's been no newspaper in the house for about five years and jesus fucking christ the Guardian is like £3 now.

 

[ska invita]

Newsprint is sometimes really useful for practical things, and it used to be so easy to come by. I had some soaking wet trainers the other day - 'stuff some newspaper in them' suggested my partner, but there's been no newspaper in the house for about five years and jesus fucking christ the Guardian is like £3 now.

We still have free sheet Metro in London, plus some free local papers. Maybe CITY AM is still going too. Always endless copies left over, worth stocking up!

 

[cupid_stunt]

Newsprint is sometimes really useful for practical things, and it used to be so easy to come by. I had some soaking wet trainers the other day - 'stuff some newspaper in them' suggested my partner, but there's been no newspaper in the house for about five years and jesus fucking christ the Guardian is like £3 now.

The Brighton Argus puts out a free pick-up 'Worthing Argus' on Thursdays, it's shit, bugger all about Worthing, just Brighton stories lifted over from the daily version, but I tend to grab a dozen or so copies when in Asda, as it's useful for other stuff.

 

[lazythursday]

Used to see piles of Metros on buses and at stations round here but I've not noticed them so much recently. Suspect they are distributing a lot less because most don't get read.

 

[ska invita]

A great day for London - has really put a smile on my face! Its like an exorcism
Hopefully the weekly one will go soon after

 

[skyscraper101]

I mean who even reads it anyway. It's so thin it's not even worth bothering with.

 

[klang]

Used to see piles of Metros on buses and at stations round here but I've not noticed them so much recently. Suspect they are distributing a lot less because most don't get read.

remember when metro was first started - discarded ones littered trains and stations everywhere. was disgusting on so many levels - the politics, the waste of recourses, the obvious marketing by littering, the mindless consumption, the i-don't-give-a-fuck-who-tidies-up-attitude it brought with it. I found it thoroughly depressing.

 

[lazythursday]

I mean who even reads it anyway. It's so thin it's not even worth bothering with.

Funny to remember now, that there was that period (maybe about 20 years ago?) when newspapers got ridiculously fat, endless new supplements, so much to read, and still mostly rubbish.

 

[klang]

Funny to remember now, that there was that period (maybe about 20 years ago?) when newspapers got ridiculously fat, endless new supplements, so much to read, and still mostly rubbish.

and advertising disguised as articles.

 

[ska invita]

Funny to remember now, that there was that period (maybe about 20 years ago?) when newspapers got ridiculously fat, endless new supplements, so much to read, and still mostly rubbish.

Standard was getting on for 100 pages 30 years ago IIRC! Amazing for a daily paper. Yes lots of job ads etc, but also lots of articles TBF.

 

[skyscraper101]

Remember when the Mail on Sunday gave away a Prince CD, his new album IIRC, and it was totally sold out everywhere, then every paper seemed to be getting in on it, and you couldn't move for free CDs. That was a weird time.

 

[moochedit]

and advertising disguised as articles.

Still happens on "digital" newspapers.

 

[pbsmooth]

Sad news? its amazing news! In the dustbin of history it goes!

Fair enough. What was so bad about it? Didn’t have it down as The Sun etc. More that it’s a piece of London history. Unlike Metro for example.

 

[nottsgirl]

Is George Osborne still the editor?

 

[Puddy_Tat]

What was so bad about it? Didn’t have it down as The Sun etc.

it wasn't murdoch, but it was always pretty solidly tory / anti labour / anti left. was part of the daily mail group until they flogged it off and it got bought by that russian mate of that twat johnson.

 

[UrbaneFox]

it wasn't murdoch, but it was always pretty solidly tory / anti labour / anti left. was part of the daily mail group until they flogged it off and it got bought by that russian mate of that twat johnson.

It had Victor Lewis-Smith, though. I bought it just for his column.

 

[marty21]

They're discontinuing the daily edition and it'll now be weekly.

London Evening Standard to close daily newspaper and launch new weekly

Chair Paul Kanareck says newspaper’s losses – £84.5m in the past six years – not sustainable

www.theguardian.com

No loss, I only read it if I see a link anywho. Never read papers on the tube/train anymore - there was a time when I bought papers - I bought the ES 5 days a week, bought other newspapers too, bought TimeOut every week .

 

[ska invita]

we are desperately missing a London listings paper like Time Out

 

[cupid_stunt]

I used to buy it for the few years I worked in London, '79-early 80s, and I'll never forget this classic headline, in view of the ship being the M.V. Mi-Amigo.