Grim Reaper Waves Scythe at Singapore’s Flagship Newspaper

Print monopoly, captive audience not enough to guarantee profitability

Once a highly profitable newspaper with regional pretensions, Singapore’s Straits Times and its vernacular stablemates are being dumped as dud assets by SPH Group, a depressing indication that even with a monopoly and a captive audience, print journalism was unable to survive profitably.

The paper declares combined print and digital daily circulation of …