On October 8, 2016, Mediaworks Hungary, the owner of the influential opposition print and online newspaper Népszabadság (People[‘s] Freedom), announced unexpectedly that it had suspended publication of the newspaper effective immediately.
The Vienna Capital Partners-owned Mediaworks Hungary attributed the decision to discontinue publication of the newspaper to the fact that “The circulation of Népszabadság has fallen 74 percent over the past ten years, that is, by over 100,000 copies [per day]. As a consequence, the newspaper has generated losses of more than five billion forints since 2007 and has likewise accrued significant losses this year” (source in Hungarian).
However, referring to the previously rumored attempt of pro-government business interests close to oligarch Lőrinc Mészáros (source in Hungarian) to acquire Mediaworks Hungary, the editors of Népszabadság published the following post on the newspaper’s Facebook page after receiving notification via motorcycle courier that they had been “exempted from their obligation to perform work” for the newspaper (source in Hungarian):
Dear Followers! The editors of Népszabadság learned at the same time as the general public that the newspaper has been shut down with immediate effect. Our first thought is that this is a putsch. We will be in contact soon.
See entire post.