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Media & Entertainment

Singapore Straits Times owner unloads media business to nonprofit

Group sees option as best way to maintain quality journalism

A man reads a newspaper on a bench in Singapore, in January 2018.   © Reuters

SINGAPORE -- Singapore Press Holdings, the publisher of the 175-year-old Straits Times newspaper, will transfer its financially troubled media business to a nonprofit group as a step to maintain quality journalism, the company said Thursday.

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