Daily News' bright future
THE Warwick Daily News and its sister titles the Warwick and Southern Downs Weekly and The Bush Telegraph have a bright future despite the troubles facing metropolitan newspapers, general manager Bruce Partridge believes.
The past fortnight has seen News Ltd announce a restructuring of its newspaper divisions and Fairfax announce the loss of 1900 jobs.
On Monday, three editors at The Sydney Morning Herald and Melbourne's The Age resigned as part of Fairfax's streamlining of management.
But while the aftermath of the global financial crisis has affected all sectors of the media, Mr Partridge said the Daily News remained in great shape.
"It's important to bear in mind that in Melbourne and Sydney, News Ltd and Fairfax compete vigorously for readers and advertisers," he said.
"The competitive landscape in regional cities such as ours differs markedly.
"Fairfax newspapers have traditionally been very reliant on classified advertising, whereas our base of advertising customers is much broader, covering thousands of local businesses including real estate agents, car dealers, retailers, trades and services.
"Our local newspapers are a robust business, and we are continuing to develop our online service to readers and advertisers."
Editor Jeremy Sollars said Daily News print editions reached an average of 9000 readers six days a week across the Southern Downs, Granite Belt and South-West and in 2011 recorded the highest readership increase of any regional daily in the country.
"We've served our readers in print for 148 years and will continue to strive to be the most comprehensive source of local news in the region," he said.
The Daily News is one of 13 regional dailies owned by Australian Regional Media, with CEO Warren Bright this week saying there was a "significant difference" between regional media companies and Fairfax and News Ltd.
"It is a profitable business for us. We are still selling close to 800,000 newspapers a week across Queensland and NSW," Mr Bright said.