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There’s mixed news out there in the newspaper business. The papers can make money, and of course we need the papers. But profit margins are not enough to satisfy some of the corporate owners with leveraged debt.
Glad to see the Florence TimesDaily find a home with the Decatur Daily publisher who is buying it from from the New York Times.
[Publisher Barrett Shelton Jr.] said the future for newspapers is secure and scoffed at the idea of people who only get their news from “Yahoo.”
“Does Yahoo have someone down at Florence City Hall?” he said. “Does Yahoo have someone at the … courthouse? We need to be here. I’d hate to think of a world without newspapers.”
The Tuscaloosa News and the Gadsden Times will continue to be owned by the New York Times.
Legislative Dispatch
Purple Dot Connection
2010 Big List
2010 Senate Elections
2010 House Elections
Press Releases
Hope they don’t take the Times Daily subscriber only.
The Times Daily does a great job covering the Shoals and yet makes sure the state wide news does not get drowned out.
No shortage of Local Stories in the Decatur Daily, since they make up most of what they write.