Nyhedsavisen ends

Danish free daily Nyhedsavisen, started two years ago as a quality free daily by Icelandic company Dagsbrunn closed down today.

The paper was acquired by Danish entrepreneur Morton Lund earlier this year while also Draper Fisher Jurvetson invested in the company. (Kristine Lowe)

Nyhedsavisen had editions for Copenhagen and Aarhus and also published a Saturday edition. It was the best-read newspaper in Denmark but lack of advertising and the economic recession forced the owners to close it down.

In 2006, there were eleven free dailies published in Denmark (25 editions), with a total circulation of almost 2 million. Now it’s down to three (10 editions) with a total circulation of 900,000.

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