Gannett loses $54 million in 2nd quarter
Massive layoffs coming
Gannett, which owns the BJ and more than 200 other newspapers,
reported a $54 million loss for the second quarter. Massive layoffs are coming.
Digital newspaper just don’t draw near as much advertising dollars
as printed newspapers.
The BJ began in 1839 as the Summit Beacon. Charles Landon Knight,
John Shively Knight’s father, bought the BJ in 1907. The BJ moved to 44 E.
Market Street in 1927. JSK became editor and publisher in 1933 when his dad
passed away.
If you want to read more, go to
Gannett
reports disastrous financial results; layoffs are coming - Poynter
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