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Barbara Lombardo of Saratoga Springs, NY, is a journalism adjunct at University at Albany and retired executive editor of The Saratogian, The Record and the Community News. Follow her on Twitter @Barb_Lombardo.

Monday, February 23, 2009

Business as Usual at Your Hometown Newspaper

Yes, it's true. We're plugging away, business as usual, to be your No. 1 source of local news and ads in and around Saratoga Springs.
It's no secret that the entire newspaper industry has been struggling, as print readership moves to the Internet, print advertising reflects the nation's recession, and profitable publishing companies find themselves weighed down by debt.
On Sunday, the owner of Philadelphia’s two major daily papers, The Philadelphia Inquirer and Philadelphia Daily News, "filed for Chapter 11 bankruptcy protection, an effort to restructure its increasing debt load,"as reported by The Associated Press.
The day before, The Saratogian's parent company, the Journal Register Co. , did the same, as did the Tribune Co. in December, and The Star Tribune of Minneapolis in January. Other companies are facing similar challenges.
What does the Chapter 11 filing mean for us and for you? I am optimistic that the reorganization will enable to move the company forward. The Journal Register Company has about 20 daily and 159 non-daily newspapers, including Saratoga, Troy, Kingston, Oneida and the greater Philadelphia, Michigan, Connecticut, and Cleveland areas, and about 3,500 employees.
Without question, we at The Saratogian are no different than we were before the weekend -- a staff committed to bringing you a complete, timely, thoughtful and thought-provoking local news report.

1 Comments:

Blogger shanghai dandy said...

What does it mean? It means you might actually have to get a real job and be accountable for your performance. Good Luck!

February 24, 2009 at 9:49 PM 

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