Archive for the ‘Closures’ Category

Swiss free weekly 10 Minuti closed

Thursday, June 14th, 2012

Picture 31Tamedia’s free daily 20 Minuten/Minutes/Minuti rules in Switzerland. In all three language areas the paper is present.

The last addition, 20 Minuti, launched together with local paper La Regione Ticino in the Italian part of the country, started in September 2011.

Right-wing politician Boris Bignasca (right) launched the also free 10 Minuti, first as a three-times-a-week paper. In the beginning of this year the paper went weekly, and this week it stopped altogether. It claimed to have 20,000 readers (Persoenlich).

20 Minuti had a circulation of 36,000 – the German language version has a circulation of 500,000, the French edition distributes 200,000 copies. Total circulation is 735,000.

This makes 20 Minuten not only the paper with the highest circulation in Switzerland (second paper Blick has a circulation of less than 200,000), but also the paper with the highest readership (1.8 million), the most visited news website (1.75 million user per month) and the most downloaded news app. (740,000 users in April 2012).

Last issue of De Pers

Friday, March 30th, 2012

DePers_last_2012After little more than five years, Dutch free daily De Pers has closed down.

The last issue – March 30 – shows an empty glass on the cover (click for larger version).

Covers of the paper were always special, as was the content that always differed substantially from its competitors. The pdf-version can be downloaded from the website.

Notwithstanding the ambitions, De Pers never made any money. Also the deal with Mecom-daughter Wegener did not save the paper.

Remaining editiors want to relaunch the paper as a online-only paid model. Almost 11,000 people have said they want to be a subscriber of the new paper.

Dutch free daily De Pers closes

Monday, March 12th, 2012

DePers2012The last issue of Dutch free daily De Pers will be published on March 30.

Mecom-subsidiairy Wegener, who had the right to publish the paper for the next 10 years for an yearly fee terminated the contract and will pay owner Marcel Boekhoorn €45 million to end the contract.

Wegener already lost €35 million in the last two years on De Pers.

De Pers launched as a free quality newspaper in the beginning of 2007. It started with a circulation of 500,000 but scaled that down to 200,000 in 2009.

In lauched a Saturday edition in 2007 (terminated in 2008) and also experimented with a financial free daily.

It was no secret that owner marcel Boekhoorn wanted to sell the loss-making paper. Other publishers like TMG and Metro International decline but Wegener CEO-Munsterman (who left the company shortly after he made the deal) accepted Boekhoorn’s offer.

The revenues of De Pers never came close to the expectations, which caused the new Mecom CEO to buy off the contract.

The last City

Saturday, February 25th, 2012

city_2012

Yesterday, the last issue of Italian free daily City was published. The last issue consists mainly of frontpages of the last years. The odf of the paper can be downloaded from here.

Què! Castellón closes

Friday, February 24th, 2012

Que_castellon_2012The Castellón edition of Spanish free newspaper Què! will close down at the end of this month.

Accoording to Spanish organization for free media AEPG the edition never made any money, but the cirrent economic situation made problems worse.

The paper, launched in 2009, was operated by Vocento and Diario de Navarra.

Eight people will lose their job because of the closure.

Què! is now still present in nine Spanish market with a circulation of 600,000. In 2007 16 editios had a joint circulation of 950,000.

Italian freepress City to close down

Wednesday, January 25th, 2012

city2012At the end of Feruary, the RCS Mediagroup (Corriere della Sera) will close down its free daily – or “freepress” in Italian – City. The economic situation and the drop in advertising are said to be responsible for the closure.

The editioral staff is protesting agianst the closure and has ‘occupied‘ the website of the paper.

City was launched in 2001 in Rome and Milan, and later started local editions in Florence, Bologna, Bari, Naples (2002), Genua, Turin and Verona (2005).

Total circulation of City is 850,000 – making it the largest Italian free daily (together with Metro) after Leggo concentrated its footprint to Rome and Milan. 1.8 million people read City on an average day.

The closure will lower Italian free newspaper circulation to just over 2 million.

In 2008 circulation still was 4.6 million, with 9 different titles published. Since then 24minuti (2009), E Polis (2010) and some local papers closed down while Leggo cut circulation.

The closures of 2011

Thursday, January 12th, 2012

Looking at the graph below, the number of closed down free dailies in 2011 seems impressive. In particular the number of closed down editions (76) is much higher than in 2010 (39). The number of titles closed down (10), however, is lower than in 2010 (17).

In fact, three European titles are responsible for almost all of these editions closed: Adevarul de Seara, ADN and Leggo.

Adevarul de Seara, a Romanian free daily with no less than 39 editions, launched between 2008 and 2010 closed down wihin three years, some editions did not even last one year.

ADN, the third national free daily in Spain closed with 9 editions after 5 years of making losses.

Leggo, the leading Italian free daily closed all but the Rome and Milan editions (10 in total) in order to cut costs.

Other closures in 2011 concern Macedonia (2 papers), and 5 local papers in US, Canada and Mexico.

Worldwide circulation of free dailies increased in 2011, because of new launches and increases circulation of other titels.

closures

Urban closes, Danish frees down to two

Wednesday, January 11th, 2012

Urban2012With the closure of Urban, Berlingske’s (Mecom) free daily in Denmark, the number of free dailies in the country is down to two.Circulation is now 360,000.

Only 5 years ago there were 11 free dailies in Denmark with a total circulation of more than 2 million.

With the closure of Urban, 87 people will lose their job, although Berlingske claims it will be relaunched a digital platform under the same brand.

Berlingske CEO Lisbeth Knudsen says in a press release (via MediaWatch) that the economic crises and the recession force Berlingske to cost savings, and suggests that the closure is also part of the digital and mobile transition strategy of the company that aims for consolidation and acquisitions in the future.

Kundsen suggest that the closure is expansion in disguise: “We have therefore decided to rethink the Urban brand and change it to a whole new and exciting media concept with new partnerships, where digital will play the main role.”

This is obviously crap. Urban has been losing money during the last years, saw fierce competition from the two Metro papers MetroXpress and 24timer and also ‘forgot’ to apply for press subsidies in the past.

Mecom as a whole is losing big money while the Danish part of the company also lost money in the first 6 months of 2011 – in fact only the Netherlands and Norway (about to be sold) showed a profit.

Urban started in September 2001, three weeks after the launch of MetroXpress in Denmark as a defensive move of the publishers of Berlingske and tabloid BT. The first four years showed promising results but after the freesheet-craze hit the country in 2006 (5 national titles and 4 local ones), the paper never recovered.

Metro closed a deal with competitor JP/Politiken, who got 24.5% of the company and handed over their free daily 24Timer. Urban brought back the 7 editions to only 2 and lowered circulation from 240,000 in 2006 to 200,000 in 2011. Readership dropped from more than 600,000 in 2006 to 233,000 in 2011. (See also Aske Kammer’s blog for an analysis.)

The last issue of Urban will be published tomorrow.

How total circulation in Denmark changed can be seen in the graph below (click for enlargement).

denmark_2001_2012

Spanish free daily ADN closed

Friday, December 23rd, 2011

ADN_2011The last issue of free Spanish daily ADN will be published this Friday. After a little more than 5 years the paper, operated by Planeta and local publishers, has closed down. (El Mundo)

ADN published editions in Madrid, Barcelona, Valencia, Bilbao, Málaga, Mallorca, Sevilla, Zaragoza and Lleida with a total circulation of 550,000.

Earlier (2008 and 2009) eight editions of the papers were closed. One year after the launch ADN had a circulation of almost one million and published two dozen editions.

After Metro (2009) ADN is the second national free daily that closed down in Spain. Only 20 Minutos (700,000 copies, 15 editions) and Qué! (600,000 copies, 10 editions) remain.

Also a dozen local free dailies are published in Spain. Total circulation is now around 1.6 million. In 2006 this was 5 million.

Around 60 people will lose their job because of the closure.

New Leggo

Monday, October 3rd, 2011

Leggo, the Italian free daily with the highest circulation (one million copies) will be restructured in November. 13 of the 15 editions will be closed down, only the Rome and Milan editions will be continued. 12 people will lose their job in the process.

Both remaining editions, however, will have more pages (48 compared to 24 now) while also the website will be enhanced. The new Leggo will have special inserts on topics like gaming, health and travel and will have a new design as well. (ilsolo24Ore)