Crisis reaches Palabra
Tuesday, December 2nd, 2008Today, PALABRA has printed its last edition in Saltillo, Coahuila, Mexico.
It is a sad decision, but the financial panorama for Mexico and the region is little encouraging.
The contraction of the advertising market, the constant increase in the price of the newsprint and the unstability in the exchange rate were the “molotov cocktails” which forced Grupo Reforma to renounce an effort of more than 11 years in search of PALABRA’s financial self-sufficiency.
Since its birth on November 20, 1997, PALABRA always shared the same editorial and graphics principles as its brothers, Mexico City’s Reforma, El Norte in Monterrey and Mural in Guadalajara.
PALABRA leaves behind independent opinions, reliable analysis, free journalism, as well as numerous SND winning designs, including a World’s Best Designed Award in 2001.
