Talk Money: February 15

  • 15/02/2016
Tony Field (Paul Henry)
Tony Field (Paul Henry)

One of Britain's major daily newspapers has announced it will stop publishing a print edition and go entirely online.

The Independent is the first British daily paper to do it. But the predictions are that it will not be the last.

It was launched back in the 1980s and at its peak its circulation was around 430,000 copies a day. But that has fallen to around 58,000.

The Independent's Russian owners are selling sister paper 'i" to a rival publisher and will attempt to turn The Independent into a website with a global - and profitable - audience.

Every newsroom is embracing digital.

But doing it profitably is proving challenging. Traditional newsrooms are competing with online news sites like The Huffington Post and BuzzFeed. As well as that there is competition from the likes of Facebook for advertisers.