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| Version 0 | Version 1 |
|---|---|
| Independent to cease as print edition | Independent to cease as print edition |
| (34 minutes later) | |
| The Independent and Independent on Sunday newspapers are to cease print editions in March, the owner has said. | The Independent and Independent on Sunday newspapers are to cease print editions in March, the owner has said. |
| Announcing a move to a "digital-only future", ESI Media said there would be "some redundancies among editorial employees". | Announcing a move to a "digital-only future", ESI Media said there would be "some redundancies among editorial employees". |
| But it said there would also be 25 new "digital-content roles". | But it said there would also be 25 new "digital-content roles". |
| ESI has also confirmed it will sell the i newspaper to Johnston Press, subject to approval from Johnston's shareholders. | ESI has also confirmed it will sell the i newspaper to Johnston Press, subject to approval from Johnston's shareholders. |
| Evgeny Lebedev, ESI's owner, said: "This decision preserves the Independent brand and allows us to continue to invest in the high-quality editorial content that is attracting more and more readers to our online platforms." | |
| The last print edition of the Independent will be published on Saturday 26 March, while the last Independent on Sunday will be on 20 March. | |
| ESI said the number of staff affected would be "confirmed following a consultation period". | |
| It said a "significant number" of staff would move to Johnston Press as part of the sale of the i newspaper. | |
| The closure of the Independent's print editions will have "no bearing on the status" of the London Evening Standard - also owned by ESI - the company added. | |
| The Independent was set up in 1986, but circulation figures for December 2015 suggest it sold just over 56,074 copies on average - far behind the sales of rival national newspapers. | |
| Russian billionaire Alexander Lebedev took control of the loss-making newspapers in 2010 when he bought Independent News for Media for £1. | |
| In 2014, his son Evgeny told the BBC the Independent could be sold if someone "offers the right price" - but he said he was not "not actively trying to sell it". |