A third daily in Trinidad and Tobago was always a high-wire act. In today’s market, it borders on a dare. The economics are unforgiving: print costs rise, readership habits drift, and advertisers have been retrained to expect online to be cheap.
So, the move by Newsday to commence legal proceedings to wind up after 32 years is not simply a T&T story. It is a regional signal flare. The paper reported that the petition to wind up Daily News Limited was filed on December 31, 2025, with the first hearing set for 19 January 2026, and managing director Grant Taylor described a “perfect storm” that led to closure.
I learnt some of my hardest publishing lessons in Trinidad and tried to carry them into Jamaica. Back in the 1980s, I consulted for the Trinidad Express when it decided to move from what old hands would call a “bastard tabloid” towards a more serious format, in direct competition with the broadsheet T&T Guardian. Even then, you could see the long arc. At some point, at least one player would come under severe pressure. And Newsday was not the only “third paper” experiment. The Independent died on the vine, was absorbed by the Express, and then shuttered, a quiet reminder that the market punishes sentiment.
At their height, T&T’s big dailies moved numbers that sound mythical now. The Express once printed well over 100,000 on weekdays and more on Sundays, while the Guardian was ahead of them. Those days have been gone for a long time. Jamaica tells a similar story. The Gleaner and the Observer are not what they were in their early years, and the old assumptions about print dominance have been overtaken by the new reality: the daily paper is no longer the default purchase in the morning routine.
That is why I argued years ago that it can become cheaper to give the paper away than to keep taking bites out of advertising revenue to subsidise distribution. Street sales, in particular, are a costly throwback. You push papers into an inefficient, leaky system in an environment where consumer priorities shift by the tide: do I buy the paper or pampers? Meanwhile, unsold copies languish in shops and petrol stations, distorting the measurement of real sales and masking the truth from decision makers.
I once visited a ministry in Kingston and was startled to see that the minister’s office bought a single newspaper, which was then shared. The point is not to embarrass anyone. It is to illustrate a broader behavioural shift. If a major public office is operating on one copy, what does that say about the wider market, and about how much confidence we can have in traditional distribution assumptions?
I recommended targeting higher net worth readers, those in condos and gated communities, only to run into the realities of access, security, and the understandable reluctance to mount labour intensive canvassing in a shrinking market. So yes, the Trini “free sheet” instinct is not madness. It is triage. Give it away, strategically, while you migrate the audience online.
But here is the second trap. Even when you do the “right” thing and pivot digital, advertisers often refuse to pay comparable rates for online inventory. Agencies are thinning out, and companies have been conditioned by platform pricing to see digital as cheap by default. In T&T, the Guardian report on Newsday’s closure put blunt numbers to the pain, reporting a steep fall in print advertising over the last decade, alongside rising costs and reader sensitivity to price. This is the valley very few publishers can cross without patient capital.
That brings me to Jamaica’s recent move. The Gleaner and the Observer finally did what Gary Allen and I were arguing for years ago: consolidate the costly back end, while keeping editorial and corporate identities separate. North Beech Limited commenced operations on December 22, 2025, taking over printing and distribution for both houses’ print products, following the August 2025 memorandum of understanding. It is a rational response, but it is also late, and lateness in this business is expensive. In Bridgetown and Port-of-Spain there was a sharing of newsprint purchases for decades that also benefited publishers in Guyana and St Lucia.
Now, a wider warning.
The electronic media is not far behind. Just look at what is happening in the United States. The change is unfolding in real time on television screens, and it is as unstoppable as the rapid deployment of artificial intelligence.
Start with viewing behaviour. Nielsen reported that in May 2025, streaming reached 44.8 per cent of total television usage in the United States, surpassing the combined share of broadcast and cable for the first time. That is not a small wobble in the ratings. It is a structural shift in how audiences behave, which means a structural shift in how advertisers allocate money.
Then look at the newsroom economy inside television itself. The RTDNA survey reported local TV news employment in the United States down in 2024, and noted the wave of layoffs across major station groups during 2025. Less staff, fewer beats, more churn, more reliance on wire copy and templated content, and greater pressure to produce “more” for every platform with fewer people.
At the same time, the centre of gravity is moving from legacy institutions to independents. The Guardian recently profiled the rise of independent, reader-funded journalism on platforms like Substack, arguing that many creators are building resilient audiences outside corporate newsrooms, often because legacy outlets are shrinking or pulling back from coverage areas that matter to communities.
And then there is the accelerant. AI is speeding up every part of the process, from how content is produced, to how it is packaged, to how it is distributed and discovered. Nieman Lab captured the mood plainly: layoffs and AI are reshaping the industry, and the competitive battlefield is increasingly online.
So what does a survivable model look like now for Caribbean legacy publishers and broadcasters?
1. Shared infrastructure where it makes sense
2. If printing and distribution can be consolidated without diluting editorial independence, do it early, not late. The same logic increasingly applies to master control, transmission, playout, and even some back office operations in broadcast.
3. Membership revenue, not wishful subscriptions
4. Do not sell “the same programme, but online.” Build membership around access, utility, trust, and community: briefings, explainers, archives, special newsletters, diaspora bundles, and live conversations that people will pay for because they save time and add clarity.
5. Services as ballast
6. Use the institution’s assets, reporting networks, archives, production capacity, convening power, to generate business revenue: events, sponsored verticals with clear editorial walls, training, commissioned research briefs, branded content done transparently, and production services.
The hard truth is this: without deep pockets, the transition from legacy models to new ones can look like commercial self harm. That is why Newsday’s wind-up is not just a Trinidad headline. It is a warning to every standalone publisher, and frankly, to every standalone broadcaster too.
The only question now is whether we cross the bridge deliberately, with discipline and imagination, or whether we are forced across by the next “perfect storm.”
Julian Rogers is a Caribbean broadcaster/journalist and a former managing editor of Guardian Media Limited.
