News Limited to restructure around just five divisions

Tim Burrowes

June 20, 2012 1:12

News Limited is to reorganise itself from 19 divisions to just five in a restructuring which will cost hundreds of jobs, The Australian reports.

The company’s digital division News Digital Media will be folded into the new divisions.

According to The Australian, published by News Limited, the five divisions will be News NSW, News Qld, News Victoria, The Australian plus magazine and lifestyle arm NewsLifeMedia.

The company appears to be taking a less pessimistic approach to printed newspapers than Fairfax Media, which is to shut two print works. The Australian quotes CEO Kim Williams as saying: “We believe in print and are committed to print. We still sell around 11 million newspapers a week. Advertisers still find huge value in print.”

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Tim Burrowes

I write about the world's media and marketing industry from an Australian perspective Australian lens. I've worked in the UK, Middle East, Asia & Australia. I founded Mumbrella, which we sold in 2017.

Topics

Kim Williams News Limited

2 COMMENTS

Ben Lohberger 20 Jun 12

News Limited actually has newspapers in states other than NSW, VIC and QLD, so where do they fit in?

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cam 21 Jun 12

Ben, I would be guessing they are facing cuts but not as substantial as the eastern board. and maybe the divisions on the eastern board over lap each other and they are able to merge these divisions

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