Newspaper Update, Sponsored by Zoloft

Let’s see:

  • USA Today saw ad sales decline 27 percent in June, and its (and 9News’) parent company Gannett Co. said second-quarter profit declined 36 percent.
  • The Wall Street Journal announced today that it will eliminate 50 editorial positions.
  • The Atlanta Journal-Constitution disclosed it will cut its staff by nearly 200 jobs, or about 8 percent of its work force.
  • Newsweek’s president and worldwide publisher is jumping ship this fall.
  • The Santa Rosa (Calif.) Press Democrat announced today it will lay off 5 percent of its work force, or 17 full-time positions, “to reduce costs in response to sharp declines in advertising revenue.”

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