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Tuesday, May 29, 2012

Survival. Major Newspaper Shifting to Online

As consumers continue their lifestyle shift online and toward devices, newspapers continue to struggle to find a solution to their costly print publications. Some time this year, The New Orleans Times-Picayune will cut back it's printed edition to three days a week and eliminate jobs. When that happens, New Orleans will be the largest city without a daily newspaper.

Times-Picayune publisher Ashton Phelps Jr. confirmed the paper will cease daily publication, moving to three days a week in the fall: Wednesday, Friday and Sunday.  "Press reports have necessitated our giving you this news now. We realize it  will make people anxious, but we do not know enough today to be able to announce how the changes will affect individual employees. We will move as quickly as possible in the coming weeks to make that determination and to inform each of you personally."
The Times-Picayune announced on its site that a new company, NOLA Media Group, will run the newspaper and its website, and another new company will print and deliver the paper. It said NOLA Media Group ?will significantly increase its online news-gathering efforts 24 hours a day, seven days a week.?

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