Gannett to outsource printing of The Advocate with a loss of 74 jobs in Newark, Ohio
Gannett delivered bad news to its production department at The Advocate, its daily in Newark, Ohio: Gannett has chosen to outsource the printing of the paper to The Dispatch Printing Co. in Columbus. The move is expected to be completed by the end of May and will result in 45 full-time and 29 part-time jobs being eliminated.
The Dispatch Printing Co. currently handles printing for Gannett’s The Cincinnati Enquirer, as well as USA Today and Gannett speciality publications.
“The Advocate is very much focused on driving its long-term, successful transformation,” Michael Shearer, Executive Editor, said in the paper’s announcement. “We are committed to pursuing great journalism, effectively serving our advertisers and working for the greater good of our communities while at the same time positioning ourselves for an increasingly digital and mobile world. We remain deeply committed to serving the vital Newark community.”
Speculation has been that Gannett may eventually divest or spin-off its newspaper publishing. Last summer the company bought the television stations of Belo Corporation for $1.5 billion, greatly expanding its broadcast holdings.
Earlier this month Gannett reported weak revenue in its latest earnings report, with publishing ad revenue down 10.3 percent. But broadcast revenue was down over 20 percent as its television advertising fell in comparison to 2012 due to the political advertising bought in that election year.
Note: this is the kind of story one would have normally read first on Jim Hopkins’ Gannett Blog. But Hopkins announced earlier this month that he would stop posting on the blog after 6 years.