The London Free Press, a newspaper in Canada, announced Tuesday that it was eliminating its mutual fund listings Monday through Friday and will use that space to provide more news.
Business editor P.J. Harston writes, “Given the choice, I would rather use finite newspaper space for information that is local, of local interest and highly usable, while using the less limited space on our website for information such as listings that may have less relevance to a greater number of newspaper readers.
“On today’s mutual fund page, we replaced those listings with a full page of articles and photographs.
“Many other newspapers across Ontario, Canada and North America have made similar changes.”
Read the rest of his column here.
In the past three months, newspapers as large as the New York Times and as small as the Asbury Park Press have cut their stock and mutual fund listings. Some have done so to save on newsprint costs, while others have used the space for more news content.