Nigeria, Nov. 7 -- The Global Editors Network (GEN) announced Thursday that it will cease its activities due to lack of sustainable finances.

The decision comes nine years since GEN's founding.

GEN, the worldwide association of editors-in-chief and senior news executives, was established in 2011 as an independent NGO to help news media navigate the disruption brought on by technology, to facilitate collaboration, promote innovation and support sustainable business models.

Its funding came primarily from three sources: platforms, foundations and news organisations - the latter through tickets sales for the GEN Summit, the organisation's flagship annual event.

A release sent in on Thursday said "GEN strove to retain its financial and ed...