[abb]

Monday evening good news.

[abb]

ping

[bert]

.....the economy continues to worsen.....

I recently visited a business in nearby Richmond KY and they were shipping astuff as fast as it could be delivered.

It’s not the economt stupid

[miele man]

Hopefully this means the UK hating Jerry Tipton will be canned.

[archy]

(Lexington, KY) Herald-Leader offers more employee buyouts (Dinosaur Media DeathWatch™),

Another one to keep an eye on, possibly related: Though the Vincennes, Indiana afternoon rag [AKA the Scum-Comical to locals] claims they're not closing shop [which given there record for truth and accuracy means there's a fair chance that they will] they have shut down their print shop, and are now having the paper printed in Owensboro, Kentucky, about a 2-hour drive away.

Formerly, the VSC was an *evening* paper, with a go-to-bed time of about noon. The printshop change likely means that they'll now be delivering today's news tomorrow:

8/10/2008 2:03:00 AM

Changes

Rumors to the contrary, the Sun-Commercial, Indiana's oldest newspaper, is not closing and will continue to serve its readers and their communities as it has for more than 200 years.

Nor will future decisions about the content of the newspaper be made by someone in Owensboro, Ky. - another rumor we've heard this week.

Those decisions will continue to be made at 702 Main St. And when there is a problem, or when readers have a complaint, they will still be able to come to our office and meet with Publisher Vickie K. Palmer or Managing Editor Gayle R. Robbins.

What is changing is that in the next few weeks readers will have more to read in their copies of the Sun-Commercial - a wider variety of features as well greater depth of national and international coverage of news and events.

In addition, there will be more local content generated by staff here. We will continue to be the major source of news in our area, to write that "first draft of history" about the people and goings-on in our communities.

That is, after all, our business.

-more-

[ShakiraG]

Everyone of us is hurting by this economic recession; most of us now find ourselves only one medical emergency away from bankruptcy. Companies and businesses are also feeling the effects of this and in order to survive they are announcing a massive job cuts. In Kentucky, the Lexington Herald Leader, which is a newspaper with the largest circulation and part of the McClatchy newspaper empire, had to resort to layoffs and other measures to avoid closing. The paper will shed about 15% of its workforce, and those on $25,000 or more in yearly salary will have to take a pay cut, including executives who will also not be getting bonuses this year. McClatchy newspapers, the second largest news conglomerate, has been losing ad revenue and facing higher printing costs, and many of its newspapers just like the Lexington Herald Leader face similar circumstances.