iPredict

Dominion Post to discontinue their physical daily newspaper by end 2016

Long Description

This contract pays $1 if the Dominion Post ceases production of a hard copy of its daily newspaper by the end of 2016. Otherwise this contract pays $0.

Judging Criteria 

The purpose of this contract is to determine the likelihood that the New Zealand media source, the Dominion Post, will shift to an almost exclusively digital medium by 2016.

Any discontinuation of the Dominion Post physical daily newspaper production will cause this contract to close at $1, regardless of a physical weekly edition or online based service.

If the entire Dominion Post is cancelled or stops production for any reason before 2016 that will be perceived as a 'cease of production' and this contract will pay $1. If the Dominion Post is amalgamated with another newspaper this contract will apply to the amalgamated version. In the event that the rights to the Dominion Post is bought by another company, renamed, or sold then this contract will follow the new owner and publication.

The Dominion Post must remain in its current form as a reputable source of journalism. If the Dominion Post continues, but in a form where it is predominantly advertising and circulated without charge then the contract will close at $0.

iPredict's judgment is final.

This contract will be closed no later than 3 working days after the Close Date. The Close Date may be extended if the event outcome cannot be determined by that date.