Universal closed in June

universal.jpgUniversal, a free daily launched in 2005 and distributed on all flights of Spanish airline Iberia, has closed down already on June 17 of this year. Circulation was around 50,0000.

The crisis on the Spanish advertising market forced owners La Información (Diario de Navarra) and El Vigía to close the paper, although already a 25% cost cut was realized by the management. Almost 40 people lost their job with the closure according to PR Notocias.

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