Wednesday, February 20, 2013
Journal Register Company, which owns six daily newspapers in the Philadelphia region, filed for bankruptcy in September. The new owner may not retain all the current employees.
Wednesday, February 20
The Times Herald of Norristown, the Pottstown Mercury, and the Lansdale Reporter will have a new owner in April, pending a judge's approval of the company's bankruptcy sale. The Associated Press reports that Journal Register Company has sought a judge's approval to be purchased by 21st CMH Acquisition Co., an affiliate of current owner Alden Capital, for about $120 million. 21st CMH Acquisition Co. was the sole bidder in an auction to purchase the Bucks County-based company, which filed for bankruptcy last September. The company had previously filed for bankruptcy in 2009. CEO John Paton cited onerous building leases and other "legacy obligations" as a factor in the most recent bankruptcy filing. Citing an article in the New Haven Register…
Thursday, September 27, 2012
Journal Register Company's CEO said the company would consider reducing print frequency of newspapers in certain markets.
The parent company of The Times Herald and several other daily and weekly newspapers in Montgomery County could reduce the frequency of some of its publications, the company's CEO said recently. According to Poynter.org, Journal Register Company, which recently filed for Chapter 11 bankruptcy, could eliminate one or two daily print editions at some of its 20 daily newspapers. CEO John Paton said he would consider the change for the newspapers which show strong advertising growth for online editions, but which also lack resources to produce seven quality daily papers each week. In his blog, Paton has praised the New Orleans Times-Picayune plan to print only three days a week, but said for JRC the reduction might mean only eliminating one …
Wednesday, September 5, 2012
The owner of The Reporter in Lansdale, The Mercury in Pottstown and The Times Herald in Norristown will be sold promptly, according to reports.
Digital First Media announced Wednesday that its subsidiary Journal Register Company is filing for Chapter 11 bankruptcy, the second time since 2009. JRC operates The Reporter in Lansdale, The Mercury in Pottstown and The Times Herald in Norristown, among other local papers. JRC filed voluntary petitions for Chapter 11 in U.S. Bankruptcy Court for the Southern District of New York and "will seek to implement a prompt sale," according to Digital First Media. Digital First Media operates MediaNews Group and Digital First Ventures. According to a press release from Digital First Media, the auction and sale would take 90 days. Digital First has reportedly signed a stalking horse bid for JRC from 21st CMH Acquisition Co., an affiliate of the …
Wednesday, May 30, 2012
Perkiomen Valley Patch editor Ann Cornell will take over as head of The Reporter in Lansdale on June 4.
Meet the new boss. Perkiomen Valley Patch Editor Ann Cornell has been hired as the new editor-in-chief of The Reporter, Lansdale's daily newspaper. Cornell was hired to the position by Times Herald editor Stan Huskey, who oversees The Reporter for parent company Journal Register Company. Cornell will replace former executive editor Nona Breaux, who retired as editor-in-chief in December 2011 after 38 years. Cornell begins her new venture on June 4. "It's a new challenge for me," Cornell said. "Why I came to Patch was to learn more and have an opportunity to be back in the field, do reporting and embrace the new direction journalism is taking." Cornell holds a bachelors in journalism from Temple University, graduating in 2005. From 2005 to…
Tuesday, November 1, 2011
Norristown's daily paper leads the way for parent company JRC's digital efforts.
According to News & Tech, a trade publication for the newspaper industry, Norristown's own Times Herald will be the first of parent company Journal Register Company's (JRC) daily newspapers to begin using a cloud-based version of content management and publication software by Saxotech Mediaware Center. What does that mean for Times Herald readers? Probably not much difference in the daily paper (though apparently they've had some issues with stories re-running by accident) and a few bugs in the website as they get the new system up and running (Editor Stan Huskey addressed these issues in a recent editorial.) But the real difference may be how you get your news from The Herald in the future. The new system is part of a new initiative to …