Both of Britain’s leading national-circulation Jewish newspapers, The Jewish Chronicle and The Jewish News, are being liquidated.
The staff of both papers will be laid off because their parent company, the Kessler Foundation, has run out of money due to the economic effects of the coronavirus pandemic, The Guardian reported April 8.
England’s Jewish Chronicle was established in 1841 and is Britain’s oldest-running Jewish newspaper. It is listed on LinkedIn as having about 50 employees. The Jewish News has six people listed as its journalists.
“With great sadness, the Board of the Jewish Chronicle has taken the decision to seek a creditors voluntary liquidation of Jewish Chronicle Newspapers Ltd.,” the newspaper announced on its website.
Despite “the heroic efforts of the editorial and production team at the newspaper, it has become clear that the (newspaper) will not be able to survive the impact of the current coronavirus epidemic in its current form.”
In February, England’s Jewish Chronicle and Jewish News agreed to merge to secure the financial future of Jewish media in the United Kingdom.
Jewish media have been struggling for years in the United Kingdom and beyond, but the coronavirus crisis caused a collapse in print sales and advertising revenue, the Guardian wrote.
On April 14, there was a glimmer of hope the papers might be saved as the Kessler Foundation submitted an offer to the liquidators for the assets of both papers. pjc