The Music Network has reported that longstanding street press rag Rave Magazine has just released an official statement (pictured below) to notify its readers and the entire music community that its hard-copy paper is no more. The sad news comes just over a year since popular Sydney street press paper 3D World shut down after 20 years of operation.
The announcement was made today and comes at a time when massive cutbacks are being made in print media, with last week’s announcement of massive job cuts to the amount of 1900 employees coming from Fairfax over the next 3 years.
For a long time now the ever-increasing shift to online news content has been looming over the heads of those still involved in traditional print journalism.
Will free Street Press as we know it in Australia soon be at an end?