One year ago, the Newhouses were threatening to close down their treasured jewel, The Star-Ledger, unless the paper’s union made a series of concessions, which included cutting the newsroom by 40 percent.
They got what they wanted, and it seemed like things could go back to normal, albeit with fewer deckhands on the ship. Read More
Donald Newhouse wanted 200 Star-Ledger staffers to raise their hand and request a buyout. If a few more asked, he said he would accept up to 230.
Today, the New York Post‘s Keith Kelly reports that far more Ledger staffers actually want the buyout. A whopping 409 employees have requested a buyout, Read More
The drivers approved the deal, and The Star-Ledger remains in the hands of the Newhouse family.
According to The Star-Ledger’s Steve Chambers:
‘I’m thrilled The Star-Ledger will remain part of our family,’ said Donald Newhouse, president of Advance Publications, which has owned the paper since 1935. ‘I have confidence in The Star-Ledger management Read More
Things are looking steady again at the Star-Ledger.
The paper has found 200 employees to accept buyouts, and now has a tentative deal in place with the drivers’ union.
Donald Newhouse confirmed it to the A.P. and said, "I am very hopeful that we will have the buyouts and I’m very hopeful Read More
When Newark Star-Ledger publisher George Arwady announced this month that the newspaper would be sold away from its longtime parent, the Newhouses, or folded if certain conditions weren’t met, he didn’t say anything much about dwindling advertising revenue, falling circulation, staff redundancies or inefficiencies.
Two hundred employees seemed poised to take Read More
Is it a negotiation tactic, or real?
That’s what Media Mob asked Advance publications president Donald Newhouse today regarding the memo that Star-Ledger publisher George Arwady sent out to staff saying that if a drivers union didn’t agree to a new contract, the paper would be in danger of closing.
"That’s what we’ve told Read More