The New Daily joins Solstice Media’s national news network
By Staff Writer in Media News on Thursday, 28th November 2024 at 3:16pmMediaweek reported that The New Daily will soon integrate into Solstice Media’s portfolio. Solstice’s subsidiary, Motion Publishing, will acquire the newspaper and close the acquisition by mid-December.
Solstice Media managing director Paul Hamra highlighted the significance of The New Daily’s role in independent journalism and its potential to strengthen Solstice’s network of news and lifestyle platforms.
Amid operational challenges over the past year, The New Daily implemented staff cuts across editorial, commercial, and production roles. Moving forward, the focus will be on streamlining operations and leveraging Solstice Media's broader reach to ensure sustainability.
Launched in 2013 with backing from Industry Super Holdings, The New Daily has also benefited from Meta ...
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