Thursday, August 13, 2020
Tribune Publishing is shutting down the New York Daily News newsroom, one of several newsroom closures that the company announced Aug. 12.
The Daily News will continue to publish, but Tribune says that it has no immediate plans to find a new physical location for the paper.
The newsrooms of the Morning Call in Allentown, PA; the Orlando Sentinel; the Carroll County Times in Westminster, MD; and the Capital Gazette in Annapolis were also among those being shuttered.
While the Daily News once had the largest circulation of any newspaper in the U.S., it had fallen to 18th on the list by fall 2019.
It was sold to Tribune Publishing (then known as Tronc) for $1 by Mort Zuckerman in 2017, and has since seen major staff cutbacks.
Alden Global Capital, the hedge fund that owns over 30 percent of Tribune’s publicly traded stock, has a history of aggressive cost-cutting measures at the papers it owns through its MediaNews Group chain.