Friday, August 21, 2009

News Int. Shutting Thelondonpaper, Website Too

Rupert Murdoch has blinked first in London’s unprofitable free evening newspaper war and decided to shut News International’s thelondonpaper. Thelondonpaper.com is also shutting and paidContent:UK understands there are no plans to continue publishing the brand online. The title lost £12.9 million in the year to June 29—despite revenue of £14.1 million—and as part of its on-going strategic review NI has decided that enough is enough.

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