Saturday, July 23, 2011

SHRINKING NEWSPAPER OPERATING EXPENSES

For some time I have been commenting and reporting about the growing economic issues facing the newspaper business world-wide. Permit me to draw your attention to the latest development impacting newspaper operations in Chicago for both the Chicago Tribune and Chicago Sun-Times.

http://www.suntimes.com/business/6598126-417/sun-times-media-chicago-tribune-enter-into-print-production-contract.html?print=true

The consolidation of production facilities is occurring across the country and is destined to continue at an expanded pace. Costs have to be brought under control and we will be seeing more and more of this with some cities reporting newspaper mergers and the unification of editorial employees to cut costs.

Ultimately I fear that we will only be able to read our local news via the internet with a pay firewall requirement. Newspapers have to adapt or perish, but that is a fact of business that our government officials cannot wrap their arms around, because it would ultimately cost them their jobs.

When you think about my theory, it may just be what this country needs to survive.

COMMANDER GRANGER

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