Newspaper owned by Trump’s son-in-law ends print edition

New York, Nov 12 (IANS) A New York weekly, owned by US president-elect Donald Trump’s son-in-law, Jared Kushner will end its print edition, media reports said.

The New York Observer was founded by former investment banker Arthur Carter in 1987 to chronicle city culture, media, politics and real estate.

In 2006 it was bought by Kushner, who on Tuesday was named to the executive committee of Trump’s presidential transition team.

“The issue printed this past Wednesday was the paper’s last”, New York Times reported Joseph Meyer, chairman and chief executive of the paper’s parent company — Observer Media as saying in an interview on Friday.

Meyer, who is Kushner’s brother-in-law, said the decision had been two years in the making and was not related to Trump’s election this week.

“We reach more people in an hour online than we reach in a week through print, and will continue to focus on bringing our content to readers wherever they are, via new digital, social, and mobile platforms,” Wall Street Journal cited a memo by Meyer.

The Observer will continue it’s online operation, which has seen significant traffic growth in recent months. No layoffs are planned.

–IANS

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