The Newark Star-Ledger could close at the end of this year depending upon whether or not it reaches a new agreement with its drivers before Oct.5, according to an article in the New York Observer:
“That’s what we’ve told our employees and we do not bluff or lie,” Star-Ledger owner Donald Newhouse told The Observer in a telephone interview.
If a settlement with the union that represents the 90 drivers who deliver the newspaper throughout the state of New Jersey is not reached by Oct. 5, the paper looks for a buyer. No buyer by the end of the year? The paper closes in January.
“The problem with distribution is, it’s not amenable to much change,” said John Morton, a newspaper analyst. “It takes bodies and trucks. And you can’t, through technology, improve that in any significant way. It’s one of the reasons that among the unions that still exist, it’s the one management worries the most about.”
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The Star-Ledger is the largest newspaper in New Jersey with a daily circulation of nearly 350,000 — more than that of the next state’s two largest newspapers combined.