Buzz

11 Facts About TODAY, Which is Set to Merge with CNA from 1 Oct

0
Please log in or register to do it.
11 Facts About TODAY, Which is Set to Merge with CNA from 1 Oct


TODAY‘s digital newsroom will merge with CNA‘s digital newsroom on 1 October 2024. According to its press release, TODAY will become the digital long-form weekend magazine of CNA.

The aim of the merger would allow TODAY to be served by CNA‘s larger digital platform which comprises readers in Singapore and overseas.

Readers of TODAY familiar with their “high-quality original journalism” need not worry. TODAY will continue to produce the long-form analytical features it is currently known for under its Big Read brand and supplement CNA daily digital offerings with weekend opinion pieces.

In case you’re familiar with TODAY, here are 11 facts about this digital newspaper and its merger.

TODAY was founded in 2000

TODAY was set up as a free newspaper in 2000 as a joint venture between Mediacorp, SMRT and SingTel Yellow Pages, and as part of the government’s bid to liberalise the media sector.

Singapore Press Holdings (SPH) had launched their own free newspaper, Streats, just before TODAY was founded.

TODAY was the second-most read newspaper in Singapore

In 2005, TODAY became the second-most widely read daily English newspaper in Singapore, with a readership of 537,000. One year later, TODAY’s readership reached 621,000, making it the second-most widely read daily in Singapore across all languages.

TODAY was the first newspaper to go fully digital

The days of free newspapers to tide over the morning commute came to an end in October 2017 when TODAY ceased its print edition and the musty smell of its pages would no longer fill the nostrils of commuters.

Despite the transition, its work in the digital space not gone without notice. Over the last few years, TODAY has won international accolades for its use of short form video on TikTok
and its online seminar series on the findings of its Annual Youth Survey.

TODAY only ran on Sunday for one year

TODAY launched a Sunday edition in May 2011, but it was shelved (no pun intended) one year later in June 2012. The weekend edition was eventually discontinued in 2017.

TODAY turned profitable only after 5 years

TODAY posted its first profit in 2005, an amazing feat considering that it was a free newspaper. This only came about after both SPH and Mediacorp entered into an agreement in 2004 to stymie years of losses.

Under the agreement, SPH would sell its SPH MediaWorks television channels to MediaCorp and Streats would cease publication. In exchange, SPH took a 40% stake in MediaCorp’s publishing business, and a 20% stake in its MediaCorp’s television operations.

No staff will be cut as a result of the merger

Upon the merge between CNA and  TODAY, Mediacorp has announced that there will be no staff cuts and all existing staff will be offered roles in CNA. Depending on their skillsets, they would be assigned to be part of the team working on the new TODAY weekend digital magazine or strengthening other teams within CNA.

Advertisers, however, will be offered alternative spots across the Mediacorp Network

Advertisers on TODAY will be offered  alternative advertising solutions across the Mediacorp network namely, its stable of news brands that includes CNA, 8 World, Berita and Seithi.

The merger was motivated by increasing news fatigue

Mediacorp editor-in-chief Walter Fernandez cited the worldwide increase in news fatigue and active news avoidance as reasons for merger. This has been exacerbated by changes to the algorithms of certain social media platforms to de-emphasise news and reduce its discoverability.

The merger would reduce cannibalisation of declining readership, given the overlap between CNA and TODAY‘s audiences.

TODAY will retain their social media pages

According to its press release, from 1 October, the TODAY app and website will no longer be updated. All new content will be found on the CNA website and app. Nonetheless, TODAY will retain its social media pages, with links pointing audiences to the CNA website.

Looks like the Gen Zs using the TODAY Telegram Channel need not have to migrate to another news site.

mr brown used to write for TODAY

The comedian mr brown used to have a weekly column in the newspaper as part of a wide move to attract young readers.

This was axed after he came under fire for his satirical piece criticisng the government’s recent measures and cost-of-living increases entitled “S’poreans are fed, up with progress!”.

TODAY had a collaboration with The New York Times

TODAY launched a weekly newspaper with The New York Times called the TODAY—New York Times International Weekly in 2010. This weekly focuses primarily on international affairs, social trends, arts and culture as well as business and finance, containing hand-picked features from The New York Times.

The New York Times has entered into such collaborations for the publication of an international weekly with 30 newspapers across the world.

Over in TikTok, there’s a drama involving property agents that’s caused by us. Here’s what happened:

Read Also:


Advertisements

 




Source link

China invests US$6.1 billion in data centre infrastructure amid surge in demand for AI chips
Godpawrents, affordable pet-sitting services platform in Singapore