The publishing arm and sister publications of Apple Daily, one of Hong Kong’s most widely circulated Chinese-language newspapers, will outsource about 50 graphic designers and artists in a cost-cutting measure, the Post has learned.
Next Media was founded by high profile businessman Jimmy Lai, known for his support for democracy and criticism of China. It introduced tabloid-style journalism into Hong Kong and Taiwan, with the hugely successful Apple Daily. The group made a rare misstep by entering Taiwan’s saturated broadcasting market. In October 2012 it agreed to sell its loss-making Taiwan TV unit and to terminate its video-on-demand (VOD) services, but the deal fell through in March 2013.