ACM further downsizes its newspaper portfolio

Australian Community Media (ACM) will be further consolidating its newspaper portfolio as the company gets impacted by increased newsprint costs and a shift in advertiser spending.

The company will be shutting down or selling nine more mastheads, in addition to the four regional Western Australian newspapers that will cease in the week of 24 April.

According to The Sydney Morning Herald, an email was recently sent to staff with ACM managing director Tony Kendall telling them that the business “was in the process of selling seven titles in the NSW central-west and south-west regions after receiving an approach by Provincial Press Group”.

It added that the agreement has been inked, with the transition to be formalised by the end of the month. 

The report also identified that this move follows the recent sale of several titles in Queensland and South Australia to regional newspaper company The Star Group.

In addition, ACM confirmed the closure of its Queensland community mastheads the Jimboomba Times and Redlands City Bulletin via their respective websites.

5 April marked the final editions of these newspapers.

In May 2021, ACM’s executive chairman Antony Catalano mentioned that the company was moving towards digital and away from manufacturing.

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