By Staff writer
Newspaper and website will shut down, with final print run on December 22
Dubai tabloid newspaper 7Days is set to shut down by the end of December as a result of severe advertising cuts.
Owners 7Days Media said the entire news operation, including the website, will close on December 31, with the last newspaper issue being printed on December 22. It is understood that about 120 jobs will be lost.
In September, the newspaper announced that it would be publishing on a weekly basis from January.
The newspaper, published by Al Sidra Media, said the transition was part of its decision to focus more on its digital operation from the beginning of 2017.
Now, CEO Mark Rix has been quoted as saying the company struggled to find a sustainable business model, adding: “The current trading environment and future global outlook for print advertising remains severely challenged.
“Whilst it was our stated intention to re-focus and restructure the business for 2017 and beyond, it has since proved not possible to create an acceptable cost base that could deliver a viable and sustainable business.
“It is therefore with great sadness that we announce the unique 7Days news brand will close and thus, cease to inform and entertain the UAE in its refreshing and inimitable way.”
The newspaper was launched as a weekly in 2003 and increased its frequency two years later.
Wow. Sad news. Just shows how tough things are, even with a very strong brand. Remember when it launched all those years ago and shook up the UAE media market
Oh no! Unbelievable! It was my most favourite newspaper as their content and coverage was completely different from the rest.
It was the best.
This is so sad and shocking...
It's very sad to note that I don't get 7 days newspaper after 22nd December. I always look for this paper in the reception desk in my office building and if I don't find or exhausted, my day is lost like feeling. I love the newspaper and its contents and coverage and easy to handle too. Will be terribly missed.
It is really a sad news but still I hope we will get a better alternate.
Really very upsetting news it was a very good newspaper, giving a wide range of news from all emirates. it is really sad that there will be job losses as well. We wish all the team at 7 days Good Luck for the future of all involved and hope that someone may step up and help to continue the very interesting News Paper, without completely stopping the publication.
It's a symptom of the times though - print media is dying in this age of instant news access online and through social media. Plus advertisers would rather invest their precious marketing spend on targeted campaigns online rather than an expensive print advert shotgun approach across a non targeted market.
Perhaps they don't want everyone contributing to the Letters section complaining about Dubai?
Unfortunately not a surprise. 7Days was a breath of fresh air when it launched (actually well written, would actually run articles other than 'everything is wonderful') but the niche is now being better served by the National.
A shame to see it go, but worth noting that it was aimed at Anglo-Saxon expats, a market that typically won't bother with a print newspaper anymore. I will miss its fantastically bonkers letters pages.