Glenwood Springs Post Independent announces staff reductions
Glenwood Springs, CO Colorado
GLENWOOD SPRINGS, Colorado ” The current economic climate has provided a perfect storm of sorts for the newspaper industry as a whole as well as the local media.
Due to financial and recession challenges, the Glenwood Springs Post Independent was forced to make several moves in an attempt to deal with the difficult economic times.
On Tuesday, the Post Independent announced reductions to its staff. Similar staff adjustments were made throughout newspapers operated by Colorado Mountain News Media.
“The changes we’ve made will help us sustain a daily newspaper in Garfield County for 2009. Reaching the decisions and changes we have made has not been easy. We are looking for a stronger future for our industry and need to adapt,” said Post Independent Publisher Andrea Porter.
This announcement comes on the heels of CMNM’s decision to close The Valley Journal weekly newspaper in Carbondale.
CMNM oversees the Post Independent, Aspen Times, Vail Daily and other dailies and weeklies in the region. The company also elected to close La Tribuna, the Spanish language publication based in Glenwood Springs, and the Leadville Chronicle. Both were weekly publications. In early December, CMNM closed the Vail Trail weekly newspaper.
CMNM and all the publications are under the ownership of Swift Communications out of Nevada.
The Post Independent also announced a restructuring in its advertising department. Aspen Times advertising director Gunilla Asher will now also handle the advertising director duties for the Post Independent.
The restructuring was done to create a stronger connection in the Roaring Fork Valley between the Aspen Times and Post Independent. This change will help streamline the newspaper’s business model to continue to meet the needs of its customers, Porter said.
Charles Stannard will move from advertising director into a sales position with the Post Independent.
The harsh economic climate and a slowdown in classified revenue were the sole reasons for the staff reductions and the closing of publications.
This trend is something the newspaper industry has been dealing with nationwide for more than a year.
Over the past couple of years, thousands of journalists have been laid off, offered early retirement or buyouts throughout the country.
Some recent moves within the industry include the Rocky Mountain News being put up for sale and possibly being closed if a buyer doesn’t come forward in the next couple of weeks. The newspaper reported losses of more than $15 million this year.
The Grand Junction Daily Sentinel was also recently put up for sale by its owners, Cox Enterprises out of Atlanta. The newspaper was one of several publications that Cox put on the sale block due to financial problems.
Large newspaper corporations like Gannett, McClatchy and others have slashed a huge number of newsroom jobs this year. The Tribune Co., which owns the Chicago Tribune and Los Angeles Times, recently filed for Chapter 11 bankruptcy.
But it’s not just the large newspapers that are suffering. Small papers and groups have also been forced to make adjustments due to the unstable economy.
“Again, we need to adapt to the changes happening in our business and to meet the needs of our customers and readers. It’s not going to be easy. I’m sure we will have successes and failures,” Porter added.
For years circulation of paid print newspapers has seen substantial drops, mainly from increased Internet viewing habits.
Many newspapers are adjusting to this economic downturn and a rapidly changing industry. The Post Independent is now making adjustments to try and adapt to an unstable future as well.
“We plan to be around for a long time. It’s imperative that we take a proactive approach in meeting the economic challenges we face,” Porter said.
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Between putting the winter toys away and anticipating upcoming COVID-19 freedoms, now is a great time to freshen up your finances.