By: (AP) Mexico City's only English-language newspaper,
The News, shut down Tuesday along with its sister Spanish-language publication
Novedades after more than 50 years in operation.
"
The News and
Novedades say Adios," read the front-page English headline in
The News.
In its page 1 story,
Novedades announced that it was "with profound sadness" that it published its last edition Tuesday.
The papers' publisher, Novedades Editores, attributed the closure to "economic reasons."
Novedades was one of the capital's five largest newspapers with a daily circulation of about 30,000 and published editions in the resort cities of Acapulco and Cancun. Novedades Editores also publishes magazines and comics.
The company had been negotiating with potential buyers for the newspapers, but no agreement could be reached. Novedades officials weren't available to comment Tuesday.
Mexican news media reported earlier this year that Ricardo Salinas Pliego, owner of TV Azteca, was interested.
The government news agency Notimex said
Novedades' unionized journalists voted in favor of accepting the company's offer to lay them off and make full severance payments.
The Spanish-language
Novedades published for 65 years and was among Mexico's leading papers in the 1960s and 1970s.
The News published for 53 years.
Several local newspapers, including
El Universal and
El Financiero, published English-language editions in the past decade, but they were discontinued.
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