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- 10:32am — June 26, 2022
a smarter Tucson is a better Tucson
I'm going to cop to the charge that I'm pandering to my base journalistic instincts and hand out awards for dubious distinction to local leaders and yours truly.... Read more»
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2 comments on this story
One question (and I promise it’s not a dumb editor one): as a co-owner, is Gannett putting money into the Daily Star or just taking it out?
If it’s the latter, don’t they get the Nameless Dairy award for milking the cow? Regardless of whether it actually has any cash?
It’s a for-profit business, with Gannett and Lee Enterprises splitting profits of about $10 million annually (about twice as much as the total spent on reporters, editors and other journalism costs at the Star) on revenues of a bit more than $50 million. Production and distribution amount to most of the costs — putting ink on paper and driving it around has long amounted to a huge chunk of the post-profit margin expenses of a daily newspaper.