Lebanon’s English-language newspaper The Daily Star has announced that it has temporarily suspended its print edition due to the financial challenges facing the Lebanese press which have been exacerbated by the deterioration of the economic situation in the country.
The newspaper said that The Daily Star’s website – http://www.dailystar.com.lb – and social media platforms will remain operational, “and as usual will continue to offer first-rate news coverage and content from Lebanon, the Middle East and beyond.”
“A drop to virtually no advertising revenue in the last quarter of 2019, as well as in January of this year, compounded the already dire financial situation that has ravaged Lebanese newspapers with the rise of digital media and years of dwindling spending on ads as a result of the years-old economic slowdown,” the newspaper said.
The Daily Star plans to relaunch its print version very soon. Founded in 1952, The Daily Star was the first English-language newspaper in the Arab world. It stopped printing during the Civil War but relaunched in 1996.
