The Times likely to be dig­i­tal only

Weekend Post (South Africa) - - NEWS -

TISO Black­star Group has an­nounced that it is con­sid­er­ing clos­ing down the print edi­tion of The Times.

The me­dia com­pany said the news­pa­per‚ which was launched in 2007‚ would be re­placed with a dig­i­tal ver­sion.

“De­spite sev­eral changes which have been in­tro­duced to the busi­ness model over the past few years‚ the print prod­uct has re­mained un­prof­itable‚” Tiso Black­star Group managing di­rec­tor for me­dia Andy Gill said.

“Tiso Black­star is propos­ing the in­tro­duc­tion of a pre­mium‚ dig­i­tal-only daily edi­tion in a new for­mat‚ which draws on suc­cess­ful mod­els that have been im­ple­mented in­ter­na­tion­ally.”

Gill said the change would ne­ces­si­tate re­struc­tur­ing and pos­si­ble re­trench­ments. Staff have been in­formed of the de­ci­sion.

“The com­pany has there­fore en­gaged with staff in a con­sul­ta­tion process in terms of Sec­tion 189 of the Labour Re­la­tions Act‚” he said.

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