Dec 2, 2008
Turning out the lights
Cox Enterprises plans to shutter its national and international bureaus, based in DC, in April and the company continues to seek buyers for its newspapers in North Carolina, Colorado and Texas (Austin American-Statesman). According to the company's press release, the Atlanta Journal Constitution and Dayton Daily News will continue to have their own national and international staff.
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1 comment:
When a wonderful and caring company like Cox is selling their papers , reducing staff, and frankly signaling that their newspaper business is not a long term play in their portfolio of companies, that should tell anyone volumes about the health of the newspaper franchise.
The pain newspapers have been experiencing over the last couple of years will seem like great times over the next two.
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