Falling circulation is taking a toll on the print media as UK newspapers The Independent and The Independent on Sunday will be shut down shortly.
ESI Media said The Independent, launched in 1986, will become “the first national newspaper title to move to a digital-only future”.
The publication's subsidiary i newspaper will be sold to local press group Johnston Press.
The Independent on Sunday will go online only on March 20, with The Independent following on March 26, according to reports.
Falling circulation is said to be the reason for the newspaper shutting.
The Independent's circulation had dropped to 56,074 in December 2015.
At its peak, in November 1989 it sold 421,829 according to ABC newspaper circulation figures.
The move comes after the paper's owners Alexander and Evgeny Lebedev agreed a deal to sell its cut-price sister paper i to regional publisher Johnston Press for around £24 million.