Tue - 12.12.2017


The management of leading Spanish newspaper El País announced to staff on Friday a plan to lay off about 150 employees – or one third of staff – as part of a series of cutbacks to “guarantee the viability of the business in years to come.”

Other measures will include early retirement plans and salary cuts, announced Juan Luis Cebrián, President of the PRISA group and of El País, accompanied by directors of both the publishing group and the newspaper.

The managers called the cutbacks “painful” yet “inevitable,” citing a steep drop in revenue stemming from the contraction of the advertising market and reduced circulation. In the Spanish market, print advertising revenue has dropped by 53 percent and newspaper circulation by 18 percent over the last five years, directors told staff members.

“For every dollar that is made on the Internet, ten are destroyed in print,” said Cebrián. “It’s not a question of wanting to improve profitability. The newspaper can no longer support its current cost structure.”


Emma Knight


2012-10-08 17:42

"The biggest media event in history," might well be shaping up into "the biggest circulation war for decades," according to a report from the Guardian, which highlights the extensive efforts by the British press regarding Olympics coverage.

Offices of the Mexican newspaper El Norte near Monterrey have been attacked three times in less than a month. In the most recent attack, on Sunday, armed and masked men broke into the offices and started a fire using gasoline, according to a report on The Telegraph's website.

Brazilian newspapers are reporting growth in average daily circulation as well as advertising revenue, based on data from the Circulation Verification Institute (IVC) and published on


Brian Veseling


2012-07-30 16:54

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