Free paper London Lite to close

2 months after the London Paper closed and barely a month after the Evening standard went to free circulation London Lite is planning to shut down its activities. With a circulation of 600.000 (from 250.000) the Evening Standard is distributed in the same afternoon timeslot. This only leaves the free paper Metro which gets published in the mornings

Here are a number of sources:

The free newspaper, which is owned by Associated Newspapers, is set to become the latest victim of the recession, with 36 jobs at risk.

via London Lite set to close | News.

Associated Newspapers set to axe London Lite – Brand Republic News – Brand Republic | October 27, 2009
Quote: The move follows the London Evening Standard, which is 24.9 per cent owned by Associated and 75.1 per cent owned by Russian oligarch Alexander Lebedev, going free earlier this month. / Media – DMGT’s London Lite faces closure
Financial Times | October 27, 2009
Quote: Steve Auckland, managing director at Associated Newspapers, a subsidiary of DMGT, said: “The latest development in the London afternoon free newspaper space dictates that we look again at the future of London Lite.

Marco | Editor

Editor at large and founder of a bunch of stockphoto businesses

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