Magazine article Editor & Publisher

On Day after Tribune Deal: Baltimore Paper Promises Cuts, Allentown Hopes to Hold the Line

Magazine article Editor & Publisher

On Day after Tribune Deal: Baltimore Paper Promises Cuts, Allentown Hopes to Hold the Line

Article excerpt

The cuts were coming anyway, the publisher says, but still the news emerged right in the wake of yesterday's blockbuster announcement of the sale of the parent Tribune Company. In an article today in The Sun of Baltimore, Timothy Ryan, who took over as publisher of The Sun less than two weeks ago, said staff cutbacks would be required in the next month or two.

"He could not say whether the reductions would be made through attrition, buyouts or layoffs," The Sun reported. "Ryan said the decision to cut staff at The Sun was prompted primarily by a decline in advertising revenue in the first three months of the year and was not the result of yesterday's sale announcement."

Meanwhile, another Tribune paper, The Morning Call in Allentown, Pa., recalled that it "has been whittling away at its work force under Tribune ownership. In January 2003, it had 931 workers in Lehigh and Northampton counties. At the beginning of this year, it employed 814 people in those counties, in addition to small bureau operations in Quakertown. Lehighton, Harrisburg and Washington.

"Morning Call Publisher Tim Kennedy said the paper would try to avoid job cuts by continually reviewing and adjusting its resources. He said the new debt would make it even more important that the paper hit its financial goals. ''The amount of leverage leaves less room for error in our operating performance,'' he said."

The Sun article continued as follows.*

Donald C. Fry, president and chief executive officer of the Greater Baltimore Committee, said business leaders would watch closely Tribune's proposed sale and its impact on The Sun.

"I think you always, whenever there is new ownership involved, have to be concerned with whether or not there will be any changes in the composition of management or operations of the newspaper," Fry said.

Investors in various cities, including Baltimore and Los Angeles, remain interested in buying Tribune's newspapers. …

Search by... Author
Show... All Results Primary Sources Peer-reviewed

Oops!

An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.