Monday, March 23, 2009

Ann Arbor News to close in July

The Ann Arbor News will close in July after publishing as the city's daily newspaper since 1835, publisher Laurel Champion announced today.

Heavy losses in revenue drove the decision. Champion said the current "business model is not sustainable."

"This isn't about abandoning local journalism, it's about serving it up in a very different way," Champion told employees.

A new Web-based media company called AnnArbor.com LLC will be launched later this year. In addition to publishing continuously online, AnnArbor.com will publish a print edition twice a week.


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