Posted on 12/22/2013 5:04:22 AM PST by Olog-hai
The online English language section of famous German news magazine, Der Spiegel, is to be drastically cut. It is not making enough money, magazine bosses decided.
Despite Spiegel Online International having experienced a surge in demand as a result of the internet monitoring scandal involving US intelligence agency, the NSA, a spokeswoman said the sections outgoings were more than it was making. [ ]
Spiegel Online is not the only site to have cut funding to its English-language section. Newspapers including Welt and Bild had English online sections that eventually folded.
The news about Spiegel comes as Paris-based news website Presseurop announced that it was closing the current form of its website on December 20th due to lack of funding.
(Excerpt) Read more at thelocal.de ...
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.