Spain: Free daily closes down four editions
Posted by Rosemary D'Amour on December 4, 2008 at 1:23 PM
Free daily Qué! is closing four of its Spanish editions in A Coruña, Bilbao, Mallorca and Murcia, according to Newspaper Innovation.
40% of the paper's workforce will be laid off, and publisher Vocento is asking the Spanish Ministry of Labor for a special ERE (Expediente de Regulación de Empleo) provision.
Closure of the A Coruña branch could be avoided "if the edition would merge with the other Galician edition in Vigo," and the Bilbao edition could merge with local free paper El Nervión
The 12 editions of Qué! were launched in 2005, but were owned by the Recoletos group, who sold the title in 2007. Vocento's strategy is to "launch editions in every city where they operated a paid newspaper."
Qué! was the third national free newspaper in Spain, after 20 Minutos and Metro, with a readership of 2.2 million. The circulation of the four dailies closed was around 120,000.
Source: Newspaper Innovation
Closure of the A Coruña branch could be avoided "if the edition would merge with the other Galician edition in Vigo," and the Bilbao edition could merge with local free paper El Nervión
The 12 editions of Qué! were launched in 2005, but were owned by the Recoletos group, who sold the title in 2007. Vocento's strategy is to "launch editions in every city where they operated a paid newspaper."
Qué! was the third national free newspaper in Spain, after 20 Minutos and Metro, with a readership of 2.2 million. The circulation of the four dailies closed was around 120,000.
Source: Newspaper Innovation
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