Nine Gannett-owned newspapers in New Jersey will no longer print newspapers on Saturdays, some of their editors said on Wednesday.
The newspapers – The (Bergen) Record, Asbury Park Press, Courier News, Home News Tribune, New Jersey Herald, Daily Journal, Daily Record, Burlington County Times and Courier-Post – will begin printing six days a week in March, with the paper from last Saturday March 5. Digital editions of the newspapers will be available to online subscribers.
The latest cost-cutting measure means news that occurs late Thursday won’t appear in print editions until at least Sunday.
Gannett has faced financial problems – its stock price closed at $ 5.06 per share, down 68% over the past five years – with massive cuts in the number of journalists. In a successful attempt to unionize in 2021, reporters from the Bergen Record, the Daily Record and the New Jersey Herald complained that Gannett had turned their newspapers into “shadows of themselves.”
“Under Gannett, The Record has cut hundreds of jobs and moved away from its iconic local coverage,” Statehouse reporter Dustin Racioppi said in a tweet last year criticizing his employer.
Bergen Record editor-in-chief Dan Sforza disputed the allegation made by members of his own staff.
“We don’t waver a bit in our commitment to local news, but we have to recognize and adapt to the way people consume news,” Sforza said in a report under his signature where he quoted himself. . “We have been just a printed daily for decades.
Another Gannett executive, Courier News and Home News Tribune chief information officer Joe Martino, used almost identical talking points.
“Our commitment to local news remains unwavering, but the platforms on which people consume information continue to evolve,” said Martino.
A Gannett customer service representative told the New Jersey Globe that the price of door-to-door delivery will remain the same, with no savings for subscribers who will receive one less newspaper each week.
Gannett also sells some of his newspapers.
CherryRoad Media, a Parsippany-based tech company, has made a deal with Gannett to buy 20 publications, including dailies in Kansas, Nebraska, Iowa and Missouri. None of the acquisitions are in New Jersey.
Gannett also resold 23 newspapers to local owners last July, according to a Poynter report.
Last year, Gannett skipped the print editions of his journal for four days over the holiday season for the first time in over 100 years.
As part of an “extended holiday edition,” they printed newspapers on December 23, but not on December 24 or 25, and will print on December 30, but not on December 31 or January 1.
Subscribers were not given any discounts for receiving four fewer newspapers, but subscribers were given 24/7 access to the USA Today crossword puzzle.