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JRC considers selling New England papers; employees likely rejoice

Discussion in 'Journalism topics only' started by wickedwritah, Aug 28, 2006.

  1. wickedwritah

    wickedwritah Guest

    Moving on the wire ...

    PHILADELPHIA (AP) -- Newspaper publisher Journal Register Co. said Monday that it is exploring the sale of 26 Massachusetts and Rhode Island publications because of slower growth and because it wants to focus on its more profitable online ventures.
    The Yardley, Pa.-based company, which owns 393 papers, called the newspaper market ààextremely challengingáá and said its online operations generate a higher return on capital, profits and cash flow.
    Among the Journal Register papers that could be sold are The Herald News in Fall River, Mass.; the Taunton Daily Gazette in Taunton, Mass.; The Call in Woonsocket, R.I.; The Times in Pawtucket, R.I.; and the Kent County Daily Times in West Warwick, R.I.
  2. slappy4428

    slappy4428 Active Member

    Re: JRC plans to sell New England papers; employees, rejoice!

    Even the Taunton Daily Gazette?!?
  3. Keystone

    Keystone Member

    Gee, Dino will have a new greatest boss ever. ;D
  4. BYH

    BYH Active Member

    FUCK!!!! They're not selling any of their CT papers.

    Fucking douchefucker Jelenic.

    You know why growth is slower, douchebag? Because you have slashed and burned your product to nothing and given the local folks no fucking reason at all to buy the rags.
  5. hockeybeat

    hockeybeat Guest

    It doesn't help matters that full time JRC employees can file for unemployment while working for Bobby J...
  6. Bob_Jelloneck

    Bob_Jelloneck Member

    We know better. We're concentrating our "creative energies" on our other endeavors.


    Hey, wait!! I just saw I have two new PM's, from Don Johnson and Harrison Ford!! Better go check 'em out... I have a feeling they might be something I might really enjoy ... ;)
  7. wickedwritah

    wickedwritah Guest

    If the right people land Fall River and Taunton, they can kick some ass with those papers -- especially with Taunton, now that Liberty, er, Gatehouse bought the Brockton Pooperprise.
  8. Tom Petty

    Tom Petty Guest

    wow dog, that's a little scary you have links to shit like that.
  9. Liberation Day for Taunton and Fall River. Amazing! But what's stopping Liberty from swooping in there and cornering the market on SEMass? The only things left will be the New Bedford S-T and the Cape Cod Times
  10. Double J

    Double J Active Member

    Why is it that seemingly intelligent executives (I know, I know, oxymoron) have yet to figure this out?
  11. Ben_Hecht

    Ben_Hecht Active Member

    'Cause it doesn't benefit THEM, near-term.

  12. lono

    lono Active Member

    Shame on you, BYH! You should know better!

    It's fucking fuckbasket, fucktard, douchefucker Jelenic.
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