The CEO of the Philadelphia Inquirer and the Daily News says both papers will remain the same and there will be no cuts in staff, as they both merge into one publication. Huh?
According to a story in Editor and Publisher, CEO Brian Tierney announced the Daily News will now appear as an “edition” of the Inquirer, starting March 30. Tierney says the change will save money on wire service fees, since both publications can act as a single subscriber. It will also help the company in selling advertising, pitching advertisers a combined daily circulation of 440,000.
The news comes a week after the company filed for Chapter 11 bankruptcy.