Saturday, October 8, 2016

The largest Hungarian magazine disappears from the market. “My first thought was that this is a coup” – TVN24

Photo: Google Maps Publisher is notified about his termination

Suspended the issue of one of the largest magazines in Hungary, lewicowego “Nepszabadsag”. The publisher has announced on Saturday that the newspaper will be in print and on the Internet until the development of the new concept of the edition.



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Publisher Mediaworks said that the employees were dismissed from the obligation to perform the work, and the use of partner services is temporarily suspended. Also reported that the new CEO of Mediaworks was Victor Katona, which will be played at the same time former acting Deputy General Director for financial issues.

Saturday’s number is printed “Nepszabadsag” has not yet appeared, but the site is not working journal, nol.Hu.

According to a statement from Mediaworks the circulation of the magazine in the last 10 years has decreased by 74 percent, or more than 100 thousand. instances, resulting in a shortage of the newspaper reached a height of over 5 billion HUF (70 million rubles). The publisher wrote that the current model of work “Nepszabadsag” a negative impact on the results of the whole group and, possibly, such as utrzymałby in the long term.

the Publisher also announced that is currently focusing on finding the most appropriate model of functioning of the newspaper.

“my First thought was that this putsch”

the Opposition against the Hungarian government, the media suggested last month that Mediaworks could fall into the hands of the circles close to the famous Fideszu that will have an impact on not only the future of “Nepszabadsag”, but also a dozen belonging to this group of regional Newspapers.

the Facebook profile of the magazine written on Saturday morning: “Edition of Nepszabadsag at the same time public opinion was informed that the newspaper will be closed with immediate effect. Our first thought is that this is a coup".

According to the portal Index the journalists on Saturday morning received a courier list that are exempt from the obligation to perform the work. Can’t log in to the editor or to open their mail boxes.

Author: js/mtom / Source: REUTERS

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