Bad News for the Stephens News
by January 12, 2009 12:00 am 67 views
Stephens Media Group of Las Vegas, which owns the Morning News of Northwest Arkansas, is having to trim costs at its flagship newspaper.
The Las Vegas Review-Journal, recently announced some changes, i.e. reductions, in content.
“Economic considerations have required us to consolidate some of our content on Mondays and Tuesdays,” the announcement reads.
The paper is combining local and state news with national and world news in the front section. Weather and opinion will share a page at the back of the front section and sports and business news will be combined on Tuesdays.
This is the second time in recent months that the newspaper has had to make reductions due to the economic downturn.
Sherman Frederick, CEO of Stephens Media and the newspaper’s publisher, distributed a memo in October stating that staff cutbacks were necessary due to a decline in advertising revenue.
Stephens Media, which is owned by the Stephens family of Little Rock, owns newspapers in Arkansas, Nevada, Missouri, Hawaii, North Carolina, Oklahoma, Tennessee, Texas and Washington.