Friday, April 10, 2009

Update: Death of the Newspaper? Not So Fast, Says Media General

Good news follows bad as Richmond.com successfully relaunches five days after layoffs at the Richmond Times-Dispatch.

By Paul B. O'Brien

The Richmond Times-Dispatch announced layoffs of 59 employees on April 3, 2009 in response to declining advertising revenue and changing business models.

Publisher Thomas A. Silvestri described the layoffs as "a day I never wanted to see come."

The new Richmond.com, the Times-Dispatch's latest effort at creating a community portal, relaunched on April 8, 2009.

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