24 June 2002
Independent Newspapers Limited today announced a proposal to merge the two Wellington daily newspapers, The Dominion and The Evening Post, into a new morning newspaper, The Dominion Post.
Job losses are estimated at 80-90, with most of the redundancies in the papers' editorial departments.
The announcement was made by INL Chief Executive Tom Mockridge who said the proposal would achieve a much larger, stronger paper offering readers more news and features. Increased circulation would give advertisers greater reach.
Mr Mockridge said Wellington Newspapers had suffered from an advertising downturn which meant resources were stretched to sustain two separate publications. This downturn had coincided with a steady decline in The Evening Post’s circulation and a recent increase in the price of newsprint. The company believed two daily newspapers were no longer sustainable in the Wellington market.