Edge Media incurred RM10mil loss over 20-month period


PETALING JAYA: A lack of commercial support sealed the fate of The Malaysian Insider (TMI) news portal, which ceased operations at midnight yesterday, owners The Edge Media Group (TEMG) said.

“Despite the fact that TMI is one of the top three news portals based on online traffic in Malaysia, it did not receive enough commercial support to keep it going,” said The Edge Communications Sdn Bhd group CEO and publisher Ho Kay Tat in a statement on Monday.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Nation

Selangor couple wins RM23.53mil jackpot with family MyKad numbers
Five begin community service under new anti-littering law
Enough white pomfret supply for festive season, says Perak exco man
Sabah achieves medical milestone with first 'awake' brain aneurysm surgery
Father and son remanded for a week in probe of gruesome Sabah murder
Prostitution ring busted in KL luxury bungalow raid, 40 arrested
Indonesian woman gets five years' jail for migrant smuggling
Former e-hailing driver claims trial to outraging passenger's modesty
Cops probing murder of teenager in Lundu
NFA cases can be reopened, says head of MACC review panel

Others Also Read