Advance Publications, owned by the Newhouse family, said Thursday it would scale back the printed edition to three days a week and impose staff cuts as a way to reduce costs as well as shift its emphasis to expanded online coverage. The decision will leave New Orleans as the most prominent American city without a newspaper that is printed every day. But it also reflects the declining lure of the paper as a printed product. In 2005, before Katrina struck, the paper had a daily circulation of 261,000; in March of this year, the circulation was 132,000. The developments were the latest instance of reorganization in a rapidly changing industry, which continues to struggle with declining advertising revenue and the changing preferences of readers for ... Continue reading →
May 24, 2012, 10:09 amNew Orleans Times-Picayune to Cut Staff and Cease Daily Print Edition By DAVID CARRThe New Orleans Times-Picayune confirmed on Thursday that it will cut back its daily print publishing schedule to three days a week and lay off an unknown number of staff members.This memo to the staff of the Times-Picayune from the publisher was sent out on Thursday morning, following a New York Times report about the plans on Wednesday night:To all employees:We wanted to make you aware of a news story that will be posted on NOLA.com regarding the future of the company, and to alert you that we will be scheduling meetings to discuss it with groups of employees today.The story, which can be accessed through this link, ... Continue reading →
A new company - the NOLA Media Group, which will include The Times-Picayune and its affiliated web site NOLA.com - was announced today by Ricky Mathews, who will become its president. The change is intended to reshape how the New Orleans area's dominant news organization delivers its award-winning local news, sports and entertainment coverage in an increasingly digital age. NOLA Media Group will significantly increase its online news-gathering efforts 24 hours a day, seven days a week, while offering enhanced printed newspapers on a schedule of three days a week. The newspaper will be home-delivered and sold in stores on Wednesdays, Fridays and Sundays only. A second new company, Advance Central Services, will print and deliver the newspaper. Both of the new companies are owned ... Continue reading →
