Hungary: no more printed daily newspapers

The newspaper is facing more than one problem, journalist István Földesi explains in Népszava:

“In recent years, subscriber numbers have dropped at an alarming rate. The general decline of the Gutenberg Galaxy [print media], the loss of advertising revenues to online platforms that produce no content of their own, and the deliberate withdrawal of government advertising have left the newspaper in an economic quandary. Finally, Mediaworks – one of the deadly remnants of the mafia regime that had survived [election day] 12 April and which still dominates the printing and distribution market as a suffocating monopoly – has terminated its contract with Népszava with immediate effect, citing substantial debts.”