â€œThe Detroit Media Partnership, a joint operating agreement between Free Press owner Gannett Co Inc. and MediaNews Group, which owns The Detroit News, aims to cut 110 positions, it said in a memo to employees on Friday. â€˜If the voluntary offer doesn’t result in a sufficient number of volunteers, or if in the future, economic conditions worsen, it may be necessary to consider layoffs,â€™ the memo said.â€
â€œA new non-profit group called Pro Publica is being formed to fund and produce investigative journalism projects, which it will pitch to newspapers and magazines. One of the founders is Paul Steiger, who was top editor of the Wall Street Journal for 16 years.â€
â€œThe San Francisco Chronicle bought out the contract of Sharks beat writer Ross McKeon, who has been covering the team since 1991. Also, Sharks beat writer Victor Chi is on the list of 31 San Jose Mercury News employees who were laid off on Monday. Fifteen others, including soccer and boxing reporter Dylan Hernandez and photographer Meri Simon, voluntarily resigned.â€
[Maybe it’s a good thing that Bay Area sports fans don’t have much to cheer about these days â€“ Ed.]
â€Retail is going to be the most vulnerable category, since consumers will probably spend less.
[It’s beginning to look like a perfect storm for newspapers, at least in some areas of the country. Demographic shifts and online competition are combining with a softening economy to accelerate declines in advertising. This leads to layoffs, a weaker product and more reader flight. â€“ Ed.]
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