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JRC booted out of Mass.

  • Thread starter Thread starter KP
  • Start date Start date

KP

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GateHouse adds Taunton (who competed mildly with Brockton for Taunton and surrounding towns to the north) and Fall River.

http://www.boston.com/news/local/massachusetts/articles/2006/12/01/journal_register_selling_mass_newspapers_to_gatehouse_media/
 
Seems like JRC got a good price: $70 million for two papers with a combined 30K circulation and a few weeklies. So, much as we'd like to, I don't think we can see this as a negative for JRC, whose stock price increased after the announcement of the sale.
 
CarlSpackler said:
Think you can see it as a negative for the poor saps that work at those papers though.

They are free of JRC now, so that probably isn't a negative unless the new owner cuts staff. But since JRC operates pretty lean, there likely isn't anything to cut.
 
Frank_Ridgeway said:
CarlSpackler said:
Think you can see it as a negative for the poor saps that work at those papers though.

They are free of JRC now, so that probably isn't a negative unless the new owner cuts staff. But since JRC operates pretty lean, there likely isn't anything to cut.
Dino.
 
So now Gatehouse owns the following dailies:

from CNC:
Framingham
Waltham
Milford
Dedham

from Ledger/Enterprise Newsmedia:
Quincy
Brockton

from JRC:
Taunton
Fall River

KP, Taunton did more than nominally compete with Brockton. Brockton was putting out a Taunton edition seven days. Expect circulation at the Enterprise to dip further as they redirect people toward the Gazette.

And I don't see how Gatehouse doesn't make cuts.
 
Agreed, but how many times have we said that in the past, happy?
 

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