Pink Paper is being forced to suspend printing its newspaper after this issue, due to the economic downturn.
Instead the Pink Paper will continue online at PinkPaper.com and
through its weekly newsletter, Pink Paper Xtra, delivered straight into
your email inbox.
The publishers hope to start printing the newspaper again when the economy recovers and the advertising market improves.
As a free newspaper, Pink Paper relies almost entirely on advertising
income. This time last year it was a very successful business but since
then organisations have slashed their spend on print advertising,
meaning the paper has been unable to cover its costs.
We were particularly vulnerable as we were largely reliant on property
and recruitment adverts, two of the sectors worse-hit by the global
financial meltdown.
Kim Watson, media director of MPG, which runs the publication, said:
“The decision to suspend fortnightly print and distribution of Pink
Paper has been one of the toughest we have had to make in a long time
but in order to ensure that we can continue providing a service to the
LGBT community in future we have taken the decision now, rather than
when the situation has worsened to a point that we would need to cease
Pink Paper all together.
“We are looking forward to increasing delivery of our weekly newsletter
and ensuring that our website continues to grow in its visitors and
interaction. We are also glad to announce that all existing staff will
remain in post to work on Pink Paper online and our other titles.”
The decision to suspend printing the paper means the team will put all
their efforts into making the website and Pink Paper Xtra into the
premier source of gay news, packed with the latest gossip, politics,
crime, entertainment, local, national and international stories. And,
unlike other news sites, it will continue to include reviews,
interviews and features.
Visit PinkPaper.com to sign up for Pink Paper Xtra so you never miss out on the latest.