In a significant development for Caribbean media, Trinidad and Tobago Newsday has published its final edition and entered formal liquidation proceedings. Liquidator Maria Daniel confirmed the difficult decision, acknowledging the profound impact on employees, readers, and the nation’s media landscape.
The closure stems from challenges facing legacy media worldwide, including escalating operational expenses, transformative digital disruption, and structural decline in traditional advertising markets. Despite these pressures, Daniel emphasized that the liquidation process prioritizes treating employees with fairness and dignity, recognizing their decades of service and contributions to national storytelling and democratic discourse.
Notably, employee severance obligations constitute the largest creditor claim in the liquidation. Daniel called upon all parties with outstanding debts to Newsday to fulfill their obligations promptly, as these collections are essential for providing former staff with deserved financial compensation for their service.
While the print edition has ceased, Newsday’s substantial digital assets remain valuable. The publication maintains significant digital traction with millions of annual website visits, an engaged social media following, and one of the most comprehensive journalistic archives documenting Trinidad and Tobago’s modern history. These assets—including digital reach, brand equity, and historical archives—represent meaningful commercial value and form a core component of the liquidation sale.
During the transition period, businesses can leverage greatly reduced advertising rates and free digital subscriptions to access Newsday’s established national audience at below-market costs. These measures aim to support the business community while maintaining platform engagement and funding operational expenses.
The liquidator has issued a formal call for prospective buyers and partners, describing Newsday as a “uniquely positioned media asset: nationally recognized, digitally active, culturally embedded, and historically significant.” Opportunities exist for media operators seeking expansion, investors desiring digital footholds, academic institutions valuing historical archives, or corporations needing trusted communication platforms.
Interested parties are directed to contact the liquidator’s office at the provided email addresses for confidential discussions regarding asset acquisition or partnership opportunities.
The message concluded with gratitude to readers who welcomed Newsday into their lives for over three decades, recognition of staff who built the institution, and affirmation that the stories captured in Newsday’s pages remain part of Trinidad and Tobago’s national memory.