Columbus Dispatch sold

Warren Buffett's joint is buying papers as well.

But, yeah, them and GateHouse, appear to be the only two major players out there buying up shops.

 

I don't Berkshire has bought very much after the Media General acquisition. They have bought some papers in the Mid-Atlantic near the Media General properties and a couple near the Tulsa paper. But if Buffett was really interested in the newspapers he could buy the industry out of his cash drawer.

I also think that Buffett is the buyer of choice for an owner who is willing to take a lower price to quasi-protect his employees. Buffett is no saint but I don't think Berkshire is as aggressive a cost cutter as Gatehouse.

 

Buyouts are being offered now, and if enough don't accept, heads could roll.

http://www.bizjournals.com/columbus...atch-employees-again-offered-job.html?ana=twt

 

17 weeks of pay for more than 20 years of work? That's a horrible buyout. Good God that company is terrible.

 

Is Columbus a union newsroom?

 

Ray just advertised for a sports reporter. Bet that's on hold now. My thoughts to everyone there.

Wicked, I think the answer is no. I think Toledo is the only unionized newsroom of the big, big cities in Ohio.

 

I wonder if they got confused. While Columbus, Indiana is less than an hour's drive from Indianapolis, Columbus, Ohio is closer to three hours.

Columbus Dispatch announces move of print production to Indianapolis

 

Columbus, Indiana still has its own printing facility, too.

As a result of this printing plant closure, Cincinnati will be printed in Louisville.

Probably doesn't make much difference for Cinci, though -- they already have extremely early deadlines.

 

This is the beginning of what I think will be a bloody week for the Gannett/GateHousers.

 

Not the Dispatch, but this is what this leads to:

 

I guess I’m spoiled by us keeping the desk in-house. That’s absolutely insane.

 

Does this mean Cincinnati is also headed back to a broadsheet?