The digital revolution in the media has forced the Commonwealth of Northern Mariana Islands (CNMI) only daily newspaper, the Saipan Tribune, to shut down its operations from the end of the year.
The management of the news outlet has informed its readers and advertisers about their decision.
They said while Saipan Tribune has delivered the kind of news stories its community deserved, shifts in media consumption patterns, driven by advancements in technology, have transformed how audiences access news and information.
They added that the increased availability of internet access and mobile devices has led consumers to demand instant information, prompting many industries to reshape their business models and move online.
"This change has redefined the need for the Saipan Tribune. In addition, unforeseen calamities in recent years and continuing local economic challenges have thwarted our best efforts to sustain the business.
"We are compelled to make this exceptionally difficult decision, so with a heavy heart we would like to inform you that Saipan Tribune will cease its operations on December 31, 2024."
For more than 30 years, the Saipan Tribune has been a proud and reliable source of news for our island community and the Pacific region.
Saipan Tribune covered historic events in the CNMI, featured individuals and groups that created significant impact in our community, highlighted athletes' achievements and students' triumphs, and came up with other newsworthy stories that helped shape public opinion and initiate changes and positive actions.
"We are deeply grateful and proud of all members of the Saipan Tribune family-the editors, writers, photographers, graphic artists, delivery personnel, finance department, sales and advertising team members.
Their dedication and commitment have allowed the Saipan Tribune to advocate for press freedom and champion journalistic excellence in our region. We would also like to express our sincerest gratitude to all our readers, advertisers and community partners for their valuable support and trust."
Saipan Tribune's looming closure follows the shuttering of Hyatt Regency Saipan and Asiana Airlines abandoning its Inchon-Saipan route.
Several small businesses have also closed due to the dire economic doldrums currently enveloping the CNMI, with a lot more contemplating such a move.