'Mumbai Mirror' to become weekly, 'Pune Mirror' to cease publication, says Times Group

The company said that the decision has been taken as the Indian economy is 'officially in recession' due to the impact of the COVID-19 pandemic

FP Staff December 05, 2020 18:27:26 IST
'Mumbai Mirror' to become weekly, 'Pune Mirror' to cease publication, says Times Group

Representational image. Mumbai Mirror website

The Times Group on Saturday announced that its daily tabloid Mumbai Mirror will be relaunched as a weekly paper and that the Pune-based branch version of the paper, Pune Mirror, will cease publication.

Both, however, will continue to have a strong digital presence, the group said, adding that the decision has been taken as the Indian economy is "officially in recession" due to the impact of the COVID-19 pandemic.

"Sadly, just as the pandemic, lockdown, and unprecedented economic crisis have laid low many great ideas and initiatives before they could fully take root, they came as a body blow for the still-young brand. Not only has the newspaper industry been among the hardest-hit in terms of revenues, it has been weighed down by an import duty that has added to newsprint costs," the statement said.

Saying the lack of a stimulus to sustain the publications of the papers has brought about the decision, the statement added that Mumbai Mirror and Pune Mirror will have a "strong digital presence".

"Following months of discussions and deliberations, we have made this extremely difficult and painful decision to recalibrate our portfolio of publications. We truly value the contribution of our journalists and other staff towards building such a strong brand in a relatively short time, and thank them for their hard work and great effort," the statement concluded.

The paper was launched 15 years ago and later extended to Bengaluru, Pune, and Ahmedabad.

Updated Date:

also read

COVID-19: Corbevax approved as precaution dose for adults vaccinated with Covaxin, Covishield
India

COVID-19: Corbevax approved as precaution dose for adults vaccinated with Covaxin, Covishield

This is for the first time that a booster dose that is different from the one used for primary vaccination against Covid has been allowed in the country

COVID-19: India reports 20,551 new COVID-19 cases in last 24 hours
India

COVID-19: India reports 20,551 new COVID-19 cases in last 24 hours

According to government figures, 53 new COVID-19 deaths were reported in the country in span of 24 hours. This has increased total fatalities due to the cirus to 5,26,530. The daily positivity rate stands at 5.14 per cent.

Omicron, sub-lineages dominant COVID-19 variant in India; samples of infectious BA.2.75 also found: INSACOG
India

Omicron, sub-lineages dominant COVID-19 variant in India; samples of infectious BA.2.75 also found: INSACOG

In its 11 July bulletin, which was released Monday, INSACOG said the spread and frequency of BA.2.75 sub-variant is being closely monitored in every state