
A list of household names on the Arizona Daily Star staff must soon decide if they'll stay on the job — the newspaper's corporate owners have offered buyouts for older workers, with potential layoffs pending if not enough staffers accept.... Read more»
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3 comments on this story
This is only going to make the paper less desirable.
All this while the CEO of Lee Enterprises in Davenport, Iowa, pulls down a hefty $1.5M a year while ravaging all of that chain’s outlets.
Sad.
At what point does Lee tell Gannett to get off its fat duff and start contributing financially as part of this partnership? If they’re a 50-50 partner in this operation, but not contributing anything into it, why is Lee letting them get away with that?
The partnership is about making profits, not investing new money, Christopher. Both companies split roughly $10 million each year, and truck it out of town.