By Reuters Staff
3 Min Read
TAIPEI (Reuters) - The Taiwan arm of Hong Kong media tycoon Jimmy Lai’s Apple Daily is to stop publishing its print version, the newspaper said on Friday, blaming declining advertising revenue and more difficult business conditions in Hong Kong linked to politics.
FILE PHOTO: Media tycoon Jimmy Lai, founder of Apple Daily, looks on as he leaves the Court of Final Appeal by prison van, in Hong Kong, China February 1, 2021. REUTERS/Tyrone Siu
The Taiwan Apple Daily was set up in 2003 as a sister paper to the original Hong Kong edition, and is known for its colourful and sometimes racy coverage of everything from politics to celebrity scandal.