Monday, November 13, 2006

Globe owner tries to assure newly-purchased paper that nothing will change


Four years have passed since the Joplin Globe and three other newspapers from Dow Jones' Ottaway Newspapers subsidiary were sold to Community Newspaper Holdings, Inc.
Recently, six other Ottaway newspapers were purchased by CNHI and, as usual when a newspaper changes hands the rumor mill goes on overdrive about cuts and changes that are going to take place.
CNHI CEO Donna Barrett tried to allay those fears during an interview with one of those newspapers, the Traverse City Record-Eagle in Michigan:

In a letter to editors and publishers at the newly acquired papers, Barrett said the company doesn't plan staff layoffs. She also told a Record-Eagle reporter that the company typically doesn't make significant management changes. "You will see by our track record that we keep management teams in place," she said.

1 comment:

Anonymous said...

Well, that's a comforting thought. I guess.