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The European’s Time Is Up
The closure of The European is imminent as the title has failed to find a buyer. The paper announced in late September that it would fold if a buyer were not found within 30 days (see Newsline), and a spokesperson told Newsline this morning that the shut-down will go ahead.
The final edition of The European will be available on 14 December, after which the title will cease publication.
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The title’s readership has fallen fairly steadily since 1991, with sporadic fibrillations, and is currently at 126,000. In the period Jan 98 – Jun 98 the title had a circulation of 111,225.
The 50 staff on the title will be seeking new jobs, although the editor Andrew Neil will stay on at European Press Holdings as editor-in-chief.
The European: 0171 418 9600
