More Bad News for Journal Parent Company
By Jon Whiten • Mar 23rd, 2009 • Category: Blog, NewsAdvance Publications, which is threatening to close the Jersey Journal, is shutting down one daily paper and is instituting furloughs and pension freezes at scores of others.
The Ann Arbor News will cease publication in July after publishing daily since 1835. In announcing the decision to employees, publisher Laurel Champion said the “business model is not sustainable.” Instead, Advance will operate AnnArbor.com, a news site that will also publish a print edition twice a week.
Meanwhile, Advance says it is instituting mandatory 10-day furloughs and a pension freeze at almost all of its newspapers outside of Michigan. These changes will not affect the Journal, a company spokesperson tells Editor & Publisher. However, they will affect the Star-Ledger.
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Jon Whiten is the founding editor of the Jersey City Independent; he now works for a public-policy nonprofit in Trenton.
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