10/4/2023 0 Comments Galveston daily news paper“We want to take whatever steps we reasonably can to keep them on the job and serving our readers." They live and shop locally and are vital members of our communities. "Our employees get paid like any others and enjoy good benefits. "Generating quality local news is neither free nor inexpensive," Woolsey said. The new production schedule will allow The Daily News to cut newsprint expenses and help it preserve employees, he said. Publishers and newspaper companies across the nation are taking similar steps to cut costs and increase efficiency as they work to develop new sources of revenue and continue to serve their readers in a time of global crisis, Woolsey said. newspaper industry, which already was facing headwinds, is being especially hard hit by the economic downturn caused by the COVID-19 pandemic and response to that. The announcement comes at a time when the U.S. We intend to serve this community for the long-term.” "We made this decisive change to our operating model to be able to navigate through this punishing economic tunnel," Woolsey said. The decision to change print frequency did not come easily for the newspaper. "Unfortunately, this is not business-as-usual for so many of our local advertisers in this community - and by direct relationship, certainly not for us either.” "A good community newspaper's health is generally a direct reflection of a local economy," Woolsey said. "Our business model relies on revenues generated from local advertising and subscriptions.”Ībout 70 percent of the newspaper's revenue comes from the advertising of primarily local businesses the balance is from subscriptions and other products. "The Daily News is much like any other small business," Woolsey said. "Like most businesses in our community, we did not anticipate having to make such changes before COVID-19 arrived and dramatically disrupted our lives," said Leonard Woolsey, publisher of The Daily News and president of Southern Newspapers. The Daily News will continue to publish local news daily through its digital edition,. Coast Monthly, the newspapers glossy magazine, will be delivered in the larger weekend editions. The larger weekend edition will appear Saturdays. Print editions of The Daily News, the state’s oldest daily, will be distributed to subscribers and single-copy readers Tuesdays, Wednesdays, Thursdays and Fridays. On April 4, The Daily News will begin a five-day-a-week publishing schedule with an expanded weekend edition and a new focus on digital news coverage and features, company leaders said. The Daily News (Galveston, Texas) will change its business model in response to the historical effect COVID-19 is having on the local, state and national economies and the newspaper industry, company officials announced Friday. Reprinted from The Daily News, Galveston, Texas
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