Jewish Chronicle set to go into liquidation
The world's oldest Jewish newspaper, The Jewish Chronicle, has announced it will seek liquidation having been running for nearly 180 years.
The JC said liquidation was expected to be finalised in the coming two to three weeks, and that in the course of that time it would make every effort to continue to publish. Where many other media outlets have furloughed staff and cut publishing costs, the coronavirus crisis has hit the JC severely.
According to The Guardian, staff at the Chronicle were told its parent company, the charitable Kessler Foundation, had "run out of money".
The Kessler Foundation said it was working to secure a future for the title after the liquidation with the intention of somehow continuing to publish into the future.
A JC statement said: “Despite the heroic efforts of the editorial and production team at the newspaper, it has become clear that the Jewish Chronicle will not be able to survive the impact of the current coronavirus epidemic in its current form."
The paper's editor, Stephen Pollard, said: "Devastating news for us.
“I won’t be saying anything beyond confirming that the paper will be out as usual next week, and we have every intention of avoiding any interruption."