The Media Institute of the Caribbean (MIC) says the closure of the Newsday reflects a deep structural crisis facing traditional media across Trinidad and Tobago and the wider Caribbean.
It cited declining advertising revenue, rising operational costs, and rapid changes in technology and media among the reason why traditions media is becoming unsustainable.
The MIC warned that the decline of legacy media is a threat to democratic discourse, and also threatens newsroom jobs, media pluralism, and public access to verified information.
It called for a region-wide rethink of media business models, adding that stronger digital revenue strategies and supportive frameworks are among the solutions to make Caribbean journalism more viable.
