A drastic decline in home inspections, real estate auctions and the cancelling of public events contributed to the dip in ad revenues. Further, national wire AAP is also shutting down later this year amid a series of other closure announcements.
Estimated reading time: 0 minutes, 22 seconds
News Corp Suspends 60 Printed Papers as Ad Sales Dry Up
Rupert Murdoch's News Corp announced it will stop printing approximately 60 Australian regional papers as advertising revenues have evaporated in the post-COVID economy. So reports The Straits Times.
Most Read
-
-
Oct 31 2020
-
Written by CMO Tech News Staff
Meghan Keaney Anderson, HubSpot’s VP of Marketing, notes that 2020…
-
-
-
Nov 28 2020
-
Written by CMO Tech News
A recent study from Spencer Stuart and The Institute for…
-
-
-
Oct 18 2020
-
Written by CMO Tech News Staff
Customer behavior has changed dramatically in recent years and especially…
-
-
-
Nov 17 2020
-
Written by CMO Tech News
Ad Age is hosting Ad Age Next: CMO on Dec.…
-