Twenty-eight community publications across the country will be sold or closed by the end of the 2018 financial year, Stuff announced today.
The company says the changes are part of its strategy to grow its digital business.
"We appreciate that this process creates a level of uncertainty for some people - and we will move as quickly as possible to provide them with clarity," Stuff CEO Sinead Boucher says.
About 60 staff could be affected, rival media company NZME reports.
"Changing the print portfolio has involved some tough decisions, but it is clear where the future of the business lies," Ms Boucher says.
The publications that are being closed or sold are:
Avenues, Admire Marlborough, Discover Magazine, Admire Nelson, Christchurch Mail, The Tribune, Invercargill Eye, South Canterbury Herald, Waiheke Marketplace, Wairarapa News, NZ Farmer, Canterbury Farmer, Central District Farmer, Otago Southland Farmer, Waikato Farmer, NZ Dairy Farmer, Selwyn and Ashburton Outlook, Hastings Mail, Napier Mail, Kaikoura Star, Auto Xtra, Clutha Leader, NewsLink, Queenstown Mirror, Waitaki Herald, North Waikato News, Rotorua Review, Ruapehu Press.
The move follows the company's decision to axe its entire team of 11 regional sports and racing reporters across the country last year.