McClatchy closing its Miami Herald printing plant to cut costs

//McClatchy closing its Miami Herald printing plant to cut costs

McClatchy closing its Miami Herald printing plant to cut costs

One of The McClatchy Co.’s flagship papers, the Miami Herald, will shut down its printing plant and have its newspaper printed in a different county by a competitor. The move is expected to cuts costs and employees for Sacramento-based McClatchy (AMEX: MNI), which is facing a pending cash crunch. “This was a very difficult business decision reached after thoughtful analysis and deliberation. As you know, as more readers find their news online, demand for print is declining and publishers, including…

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By | 2020-01-23T22:44:06+00:00 January 23rd, 2020|Media|

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