| ▲ | lazystar 3 days ago | |
hmm no one has discussed this "carpenter group", who appear to be on a spree in 2024 of snatching up smaller news orgs, and cutting 50% of the staff. seems like a pretty big gamble on AI. > Carpenter Media Group announced earlier this month it had acquired another group of newspapers, Pamplin Media Group, in Oregon. The company now owns and manages 180 newspapers in the United States and Canada. > “We are committed to Everett, The Herald and all who have a stake in its success,” Chairman Todd Carpenter said. “We have deep sympathy for those affected by these changes and will work hard with each of them to see they are well-compensated through a transition period that helps them move forward in a positive way. “Our responsibility to the community and our readers requires us to make difficult business decisions, and then invest in and organize our team to move forward to produce a product that continues to improve and serve. Our track record in this process is good." https://www.heraldnet.com/news/this-breaks-my-heart-roughly-... would be very interested to see todd carpenter's data on that last point. edit - the carpenter media group does not have a wikipedia entry, but the companies it owns do. interesting | ||