The Independent prefers a rosier headline. But any way you slice it, it’s another hefty nail in the print coffin.
From today’s announcement that the British daily will go digital-only in March:
Rapid digital growth in the past three years has made independent.co.uk the UK’s fastest-growing quality newspaper site. Its monthly audience has grown 33.3% in the last 12 months to nearly 70 million global unique users. The site is profitable and is expected to see revenue growth of 50% this year.Evgeny Lebedev, owner of The Independent, said: “The newspaper industry is changing, and that change is being driven by readers. They’re showing us that the future is digital. This decision preserves the Independent brand and allows us to continue to invest in the high-quality editorial content that is attracting more and more readers to our online platforms.