Yesterday, The Star-Ledger's publisher George Arwady told employees that the newspaper will close on January 5 next year "if 200 buyouts and several union concessions are not met, or if the paper cannot be sold," according to Editor & Publisher. The e-mail explains there are three things that need to be done: Get concessions from drivers, cut non-union staff via buyouts and get concessions from the mailers' union. As the Star-Ledger itself reports, while the paper's dire situation was known, "yesterday was the first time a Jan. 5 closure date has been mentioned." The president of S-L's parent company Donald Newhouse said, "We strongly believe that if we can achieve the three objectives we set for ourselves ... then we will be able to produce a viable newspaper."
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Results tagged “njmedia”
Continue reading "Star-Ledger May Be Closed or Sold by Next January"
The Observer has a feature on the dwindling fortunes of NJ coverage and newspapers: The New York Times "emptied out its two New Jersey bureaus in Trenton and Newark," Record's headquarters are being shut down and the Star-Ledger (the 15th biggest paper in the country, in 2007) may be sold if a large number of employees don't take buyouts. The NY Times' David Carr wrote a column about the Star-Ledger's importance, "It’s the kind of newspaper that can get the laziest reader out of bed." This is also a good time to remember that today is four-years since James McGreevey announced he was a gay American and was stepping down--the Star-Ledger won a Pulitzer for their coverage.
Continue reading "Worries About the Future of NJ Media"
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