Fairfax to sell or close 28 print mastheads

File photo/Getty
File photo/Getty
Fairfax's NZ arm has announced it will close or sell 28 mastheads, including a number in Otago and Southland.

Stuff today briefed staff on plans to reduce its portfolio of smaller community and rural titles.

About 60 staff could be affected.

The papers in Otago and Southland affected were the Invercargill Eye, Otago Southland Farmer, Clutha Leader, Queenstown Mirror, NewsLink and Waitaki Herald.

A statement says the company is working through the detailed plans for each individual title. Further briefings with staff and communities will be held over the coming weeks.

"We appreciate that this process creates a level of uncertainty for some people - and we will move as quickly as possible to provide them with clarity," Stuff chief executive Sinead Boucher said.

The company will continue to focus on its digital platforms, Stuff and Neighbourly as well as its various new ventures to drive revenue.

"The Stuff business is delivering strong digital revenue growth, benefiting from the growth of our new business ventures," said Boucher.

"This is providing some offset to ongoing print advertising challenges, however we need to continue to act decisively in transitioning our business model into an increasingly digital business."

Allied Press Chief Executive Officer Grant McKenzie reinforced the importance of print in reaction to the decision.

"Newspapers are at the heart of many of these communities and we value the connection we have with our audience and advertisers.

"The decision by Fairfax may present some opportunities for Allied Press, but most of those markets are already well served by our titles.

"Allied Press titles have a close connection and vital role to play in the communities they serve. The Fairfax decision does not change our commitment or desire to grow our audience.

"Allied Press has 13 titles providing vital community news and information from North Canterbury to Invercargill. Our commitment to these titles remains strong.'' 

Full list of titles affected:

Waikato Farmer
Admire Marlborough
NZ Dairy Farmer
Discover Magazine
Selwyn and Ashburton Outlook
Admire Nelson
Hastings Mail
Christchurch Mail
Napier Mail
The Tribune
Kaikoura Star
Invercargill Eye 
Auto Xtra
South Canterbury Herald
Clutha Leader 
Waiheke Marketplace
Wairarapa News
Queenstown Mirror 
NZ Farmer
Waitaki Herald
Canterbury Farmer
North Waikato News
Central District Farmer
Rotorua Review
Otago Southland Farmer
Ruapehu Press

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