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Here’s Another New Newspaper Business Model: Close The Daily PM Tabloid On Monday With No Warning, Fire The 90 Staff, And On Thursday Start Publishing a Free Metro With Most Of Editorial Based Outside Your City
Philip M. Stone February 13, 2008
Here’s how they closed the Halifax Daily News: “I have worked for this paper for 18 years through various owners, and you don’t expect when you are coming in on a Monday morning that there will be strange guys you haven’t seen before with their hands folded and looking very stern and telling you to go into the executive boardroom. Then you know it’s done.”
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