Sometime in the next 48 hours, the company is expected to complete the sale of The Honolulu Advertiser, a Gannett newspaper since 1993. The buyer, Oahu Publications, owns the paper's cross-town rival, the Honolulu Star-Bulletin. The two will be combined in coming months, then published under a new flag: the Honolulu Star-Advertiser.The Advertiser, which traces its history to 1856, employs about 600 people. Too many of these Gannett employees, sadly, will lose their jobs to layoffs, when the papers are consolidated. The sale -- announced Feb. 25 -- will reduce the number of GCI dailies to an even 100: 83 in the United States and Guam, and 17 in the United Kingdom.
[Image: today's paper, Newseum]
Union wall to wall. Yep that union dues really protected them. Keep writing checks lemmings. Anyone want a good price on star nails?
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ReplyDeleteOf the top GCI papers, notice that The Advertiser had the second biggest circ. drop from a year ago? That's why Gannett is dropping it faster than John dropped Kate. The place was managed into the ground. The Publisher had no clue...in fact he was never there to even search for one. The VP-Adv. shouldn't get near a high school paper. And the Sr.VP-Ops., well, I hope he has a nice stash somewhere because Burger King may hold the only "leadership" position he'll ever see again. Thanks, Gannett, for not minding the store. You let these guys trash the place and now hundreds will suffer for a long time. I guess I'm writing as if you should care. My bad. I don't know what I was thinking? -30-
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Hey hey hey, Good bye.
http://www.youtube.com/watch?v=jsaTElBljOE