Schibsted Closes print edition of Segunda Mano, losses in Spanish free press group

Norwegian publisher Schibsted closed the print edition of Segunda mano, the largest circulated classified newspapers in Spain. Schibsted has decided to serve the market exclusively through its website. As a result of this decision, 217 workers were laid-off.

Schibsted also owns 80% of the free newspaper 20 Minutos in Spain.

20 Minutos had advanced a lot in circulation and revenues in recent years. However, the current decline in economic activity in Spain has precipitated a decline in advertising revenue and losses of 5.7 million euros. 14 employees were recently dismissed from 20 Minutos.


Related Articles:

Latin Publishers and Advertisers bet on Readership Concept

Making Print Media more affordable: Are low-priced newspapers the key to success in Mesico and the U.S?


Trackback from your site.

Editorial Staff

Portada Staff

MORE FROM PORTADA

North American World Cup Bid Moving Closer For 2026

North American World Cup Bid Moving Closer For 2026

FIFA has reviewed (markedly different) bids from Morocco and North America for the 2026 World Cup. Initial signs point towards the United 2026 bid, and as that gains traction, marketers can plan for increased interest here.


MARKETER INTERVIEWS: Nestlé and NFL Discuss What’s Next in Marketing

MARKETER INTERVIEWS: Nestlé and NFL Discuss What’s Next in Marketing

In what some are calling the fourth industrial revolution, new technologies like AI and VR are expected to dominate the marketing space. Marketers like Bravo and Fernandez agree that companies need to evolve to survive. We talked to Nestlé's Margie Bravo and NFL's Marissa Fernandez about what's next in marketing and how to prepare for what the future brings.


Meltwater’s Ana Hoyos: “We See Great Potential for AI Expansion in Latin America”

Meltwater’s Ana Hoyos: “We See Great Potential for AI Expansion in Latin America”

The social media landscape is changing at an accelerated pace; artificial intelligence is acquiring a prominent role and companies have to adapt to survive. We talked to Ana Hoyos, area director at Meltwater Latin America, about the recent acquisition of Sysomos and what it means for social media analysis.