The Pioneer Press and the Star Tribune are both dumping water out of the canoe like nobody's business.
It appears the PiPress needs to cut $2 - $3 million out of the company budget this year, and most of it from the already stark-thin newsroom. What gives?
The Star Tribune may be a bigger ship, but it has been losing so much money, it's arguably in worse shape. (That paper declared bankruptcy not long ago).
Here's more:
http://www.minnpost.com/braublog/2009/05/20/8978/pioneer_press_newsroom_slammed_with_24_million_cut_demand
My two cents is this: You may think newspapers are irrelevant, but so much of what you read on the 'net from the AP, or see blogged about, or hear on television or on the radio, began with the paper. Mass media "retweets" what the newspapers go out and collect, see? It has to start somewhere....
Thursday, May 21, 2009
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