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Digital First Media laying off at least 24 journalists

Discussion in 'Journalism topics only' started by alanpagerules, Mar 20, 2014.

  1. alanpagerules

    alanpagerules Member

    http://jimromenesko.com/2014/03/20/digital-first-media-newspapers-give-layoff-notices-to-24-journalists/
     
  2. MisterCreosote

    MisterCreosote Well-Known Member

    Unbolt yourself (from employment)!
     
  3. Songbird

    Songbird Well-Known Member

    Yeah, smelled that a mile away after Paton's last screed.
     
  4. lapdog

    lapdog Member

    Other cuts coming across the chain.

    Several contract agreements imposed last year put a 12-month embargo on further newsroom staff cuts, and the instant those 12-month embargos run out, it's chainsaw city.
     
  5. Baron Scicluna

    Baron Scicluna Well-Known Member

    But, but, I thought if everyone bolted, they'd remained employed!
     
  6. MileHigh

    MileHigh Moderator Staff Member

    I thought Uncle Dean scootered off into the sunset of retirement.
     
  7. Thunderdome is getting killed, DFM may sell papers: http://www.poynter.org/latest-news/mediawire/245798/digital-first-media-axes-thunderdome-may-sell-its-newspapers/. Bad news for those at Thunderdome.
     
  8. MileHigh

    MileHigh Moderator Staff Member

    Ken Doctor breaks it down.

    http://www.niemanlab.org/2014/04/the-newsonomics-of-digital-first-medias-thunderdome-implosion-and-coming-sale/

    Going to be VERY interesting in Southern California for sure (especially if he's hearing right that the owners in San Diego want out).
     
  9. LongTimeListener

    LongTimeListener Well-Known Member

    Unbolt is unbolted, then?
     
  10. Songbird

    Songbird Well-Known Member

    Just like that, Thunderdome is dead.

    Digital First has left the building.

    On a brighter note, it's great to see the Long Beach Press-Telegram (one of DFM's properties) moving its ops back ... to Long Beach, back into the 6-story building on Pine Avenue.
     
  11. LanceyHoward

    LanceyHoward Active Member

    What I find interesting- and depressing about San Diego- is that the ownership group bought the paper for someething like 55M. Then they were able to buy the North County Times for around 10M but they sold the headquarters for bacsically the purchase price when they merged the papers so the net cost was basically zero and the company gained a monopoly.

    If a publisher can not a decent return on his investment in San Diego COunty, with a population of three million and no competition, then the ships are sinking rapidly. Admittedly I am speculating that the group is selling because they are struggling. Maybe they are profitable and want to cashl out.
     
  12. SnarkShark

    SnarkShark Well-Known Member

    I think this is interesting, considering this ad.

    http://www.journalismjobs.com/job_listing.cfm?jobid=1572380

    Word is, they're going to add to their staff in LA because the OC Register is starting an LA paper in a couple of weeks. They did the same thing in Long Beach when the Register started its Long Beach paper.
     
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