The Capital Times of Wisconsin is calling it a day, at least as far as its daily publication is concerned. As many as 20 newsroom jobs will be cut.
After 90 years, Madison's afternoon newspaper will stop daily printing and shift its focus to its Web site and a more widely distributed free weekly print edition, its top executives said Thursday.
The move at The Capital Times will end the era of two daily newspapers in Madison, one of the last U.S. cities of its size to retain what had once been a common practice. The broadsheet newspaper will stop publishing six days a week on April 26 and start publishing a tabloid-format news weekly on Wednesdays, starting April 30.
The afternoon newspaper, which began publishing on Dec. 13, 1917, faced, like other papers, declining circulation that had dipped to 17,000 from a height of about 47,000 four decades ago.
The move drew national interest Thursday because the newspaper is one of the most prominent, so far, to make the move to publishing primarily online.
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Friday, February 8, 2008
Death of another daily newspaper
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Labels: Changes, R.I.P., When 15% is not enough
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Halifax Daily News to shut down; Transcontinental to publish free paper instead
26 minutes ago
HALIFAX - The Halifax Daily News ceased publication Monday as the tabloid's owner, Montreal-based Transcontinental Media, moved ahead with a plan to offer a free daily called Metro.
The company said all but a few of the 92 employees at the Daily News will be let go. The first edition of the free newspaper will be on the streets Thursday, said Marc-Noel Ouellette, senior vice-president of the company's newspaper group.
Transcontinental acquired the Daily News from CanWest Global Communications Corp. (TSX:CGS) in 2002. The paper had a daily circulation of about 20,000 copies. It competed with the family owned Halifax Chronicle Herald, which has a circulation of about 110,000.
"We worked hard to deliver an economically viable newspaper in the Halifax market with the Daily News," Ouellette said in a statement.
"It was an extremely tough business decision. ... (But) in this context, we are delighted to continue our presence as a daily newspaper publisher in the Halifax market."
The new newspaper, established by a partnership with Metro International S.A. and Toronto-based Torstar Corp.(TSX:TS.B), will have a daily circulation of 25,000 and will target a "young, urban" audience
The Metro chain, with a total circulation of 825,000 in Canada, will now have a truly national reach, said Bill McDonald, the Metro chain's group publisher for English Canada.
Metro newspapers are published in Vancouver, Edmonton, Calgary, Toronto, Ottawa and Montreal. Similar Metro papers are published in more than 100 major cities in Europe, North and South America and Asia.
Greg Lutes, former publisher of the Moncton Times and Transcript and the Metro daily in Toronto, has been appointed publisher of the new Halifax paper.
Transcontinental, employs about 800 people in Nova Scotia, most of them working at two printing plants, 11 weekly newspapers, four other dailies in Sydney, Truro, Amherst and New Glasgow.
The company said those operations will not be affected by the shutdown.
Transcontinental describes itself as the fourth-largest print media group in Canada, with more than 3,000 employees and annual revenues of $633 million in 2007.
It is also the largest publisher of community newspapers in Eastern Canada.
Transcontinental Media is a subsidiary of Transcontinental Inc. (TSX:TCL.A), which has approximately 15,000 employees in Canada, the United States and Mexico and reported revenues of C$2.3 billion in 2007.
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