STOCK MARKET BSE NSE

New York Times to Shut Paris Editing, Press Operations

The Times is now prioritizing growth in digital media, aiming to boost its international subscriber base, according to the memo.

Published: 26th April 2016 11:14 PM  |   Last Updated: 26th April 2016 11:14 PM   |  A+A-

By PTI

WASHINGTON: The New York Times announced cutbacks today to its longtime European hub in Paris, with plans to close its editing and prepress print production operations in the French capital.

Those functions will be combined into the Times's New York and Hong Kong operations, resulting in the loss of 70 Paris jobs, either through elimination or relocation, it said.

The move comes as part of a redesign of the international print newspaper "to make it better, more relevant and crucially, more economically sustainable in an increasingly digital world," according to an internal memo sent to the staff of The International New York Times.

"Without these changes, the international paper's future would be uncertain at best," the memo said.

The Times is now prioritizing growth in digital media, aiming to boost its international subscriber base, according to the memo.

Nevertheless, it said: "Print remains a vital platform to The New York Times."

With the print redesign, the company aims to boost the breadth and depth of analysis and opinion "on topics that are most meaningful and pertinent to international audiences."

The move comes nearly three years after the Times-controlled, Paris-based 125-year-old International Herald Tribune was rebranded as the International New York Times and further integrated into the Times's operations.

The memo said the Times regrets the elimination of jobs in Paris.

"France remains a vital market for us and we will maintain a robust news bureau in Paris as well as a core international advertising office there," it said.



Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

edexworks
flipboard facebook twitter whatsapp