Charleston Gazette declaring bankruptcy; Ogden Newspapers is planned buyer
Source: Charleston Gazette
The owners of the Charleston Gazette-Mail agreed Monday to take the company into Chapter 11 bankruptcy.
Wheeling Newspapers is currently the high bidder to assume ownership of the company.
The company, operated by the Nutting family, owns more than 40 daily newspapers across the nation, including the Wheeling, Parkersburg, Martinsburg and Elkins newspapers in West Virginia.
Charleston Newspapers, the company that owns the Gazette-Mail, issued a WARN notice to all employees Monday afternoon.
Read more: https://www.wvgazettemail.com/news/gazette-mail-declaring-bankruptcy-ogden-newspapers-is-planned-buyer/article_5a0e1ede-29aa-5866-ab47-7b9655a0d3bb.html
A tragic day for WV, as one of the last independent, and only progressive, voices in the coalfields, who won a Pulitzer for their reporting last year, is bought out by Wheeling Newspapers, aka Ogden, a rightwing chain:
https://www.rawstory.com/2010/04/newspaper-chain-astroturfs-editorials/
Tanuki
(14,918 posts)related to mining, the environment, corruption, etc. are one of the Gazette's major assets as well. I hope he can stay and continue his important and acclaimed work.
mahatmakanejeeves
(57,489 posts)Last edited Mon Jan 29, 2018, 09:32 PM - Edit history (1)
That's who I was going to mention. He is a great friend of the working person. I hope he keeps his Coal Tattoo blog going.
Very sad news from @wvgazettemail
Link to tweet
Retweeted by Ken Ward Jr.: https://twitter.com/Kenwardjr
Despite Trump's promises, early federal government data shows an upward trend in coal employment that started in mid-2016 may have taken a turn in the fourth quarter: https://platform.mi.spglobal.com/web/client?auth=inherit#news/article?id=43278963&cdid=A-43278963-11050
Link to tweet
scarletwoman
(31,893 posts)Things just seem to be getting worse and worse in this country.
appalachiablue
(41,146 posts)DeminPennswoods
(15,286 posts)aka Pittsburgh Pirates, to help finance the paper.