World News | Lebanon's Oldest English-language Daily Folds Amid Crisis

Beirut, Nov 2 (AP) Lebanon's Daily Star, one of the leading English-language newspapers in the Arab world and Lebanon's oldest, has folded following a years-long financial struggle.

An email reviewed Tuesday by The Associated Press informed employees of the decision to lay off all staff as of October 31.

Also Read | 1.5 Million Children in Central Africa Need Emergency Aid: UN.

The Daily Star is the latest among several Lebanese newspapers that stopped printing in recent years in a struggle to compete with digital media. Lebanon's severe financial crisis, its worst in 150 years, toughened the challenge.

Many organizations have let go of employees and cut salaries, while others have closed down completely.

Also Read | 1.5 Million Penguins ‘Supercolony’ Earlier Detected From Space, Discovered on Antarctica’s Danger Islands.

Over the years, The Daily Star was a training ground for many Lebanese and foreign journalists who went on to work in prominent media organizations in the region and beyond. News of its closure triggered an outpouring of tributes on social media.

The Daily Star has been struggling with finances for years.

The newspaper was founded in 1952 by Kamel Mrowa, who was at the time also the owner and editor-in-chief of the pan-Arab Al-Hayat newspaper. It was one of the first English-language newspapers in the Arab world, breaking news that included the defection of British intelligence officer Kim Philby to the Soviet Union in 1963.

The newspaper stopped printing during Lebanon's 1975-90 civil war, before relaunching in 1996.

In 2010, new investors led by former Prime Minister Saad Hariri bought the paper, but the financial struggles continued. Often, staffers went for months without being paid.

The paper suspended its print edition in February 2020, continuing to publish news on its website and social media platforms. The newspaper then stopped updating its website on October 13.

Once a regional pioneer in the media and publishing world, Lebanon has seen media outlets close down successively due to the worsening economic situation.

In 2017, Lebanon's As-Safir newspaper shut down after 42 years, while another daily, Al-Anwar closed down a year later. The daily Al-Mustaqbal, which was owned by Hariri's family, ceased its print edition and turned into a digital newspaper. An-Nahar, one of the Arab world's leading newspapers, has also been forced to lay off staff over the years. (AP)

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)