Kamloops Daily News to cease publication

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Kamloops Daily News to cease publication

Postby radiofan » Mon Jan 06, 2014 7:45 pm

Kamloops Daily News to cease publication
JANUARY 6, 2014

The Kamloops Daily News is going to be ceasing publication after more than 80 years.

Glacier Media, the parent company of the Daily News, provided notice under Section 54 of the B.C. Labour Code to Unifor, representing unionized staff at The Daily News, that it intends to close the newspaper within the next 60 days.

The reason for the closure is economic — revenues have declined and The Daily News has been unable to reduce expenses sufficiently to continue as a viable operation.

Glacier will be meeting with the union to discuss the implications of the closure.

“Personally I am very saddened to make this announcement,” said Daily News publisher Tim Shoults. “We have struggled for the last several years, worked tirelessly and taken many difficult steps along the way which were designed to ensure our future. Unfortunately the realities of our industry, our local advertising market and our labour situation were too great for us to overcome.

“We recognize that this decision severely affects our staff and their families and our hearts go out to them as they deal with the shock and loss this decision creates. We are offering our staff counseling on site at the Daily News if they wish to take advantage of it.

“We have accomplished some great things along the way and have made our community a better place to live in countless ways. Over the years we have supported hundreds of community groups with millions of dollars in free advertising and helped raise hundreds of thousands of dollars for worthy causes through our Raise a Reader and Christmas Cheer campaigns. Most importantly, we have made our community more informed and more enlightened through award-winning coverage for decades.”

http://www.kamloopsnews.ca/article/2014 ... ublication
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