Newspaper Roundup: Seattle Times; CanWest; KC Star; Journal Register; Austin-American; Blethen Maine


image20 take buyouts at Seattle Times: With layoffs showing no sign of stopping in the ailing newspaper industry, 20 Seattle Times staffers have agreed to buyouts in the latest wave to hit that newsroom. The paper wants to lower the 260-person newsroom by 35- to 45 posts. Company-wide, the Seattle Times plans to cut about 150 out of 1,600 jobs.

CanWest cuts 560 posts: The Canadian media industry isn’t faring any better than its southern counterparts…. CanWest, owner of the National Post, is cutting 5 percent of its workforce, or 560 jobs, at its papers across the country. The company will slash 210 broadcast and 350 publishing jobs through the usual combination of buyouts, layoffs and attrition. The latest cuts come on top of several hundred over the past two years.

More after the jump.

Third layoff round at McClatchy’s Kansas City Star: The Kansas City Star’s newspaper and site may very well be the leaders in its market, as Publisher Mark Zieman says in this memo, that’s not going to prevent the paper from issuing a round of 50 layoffs. In all, McClatchyWatch noted that the paper cut 120 jobs in June, and another 65 posts in September at the McClatchy-owned pub.

Journal Register threatens weeklies with closure: If the Journal Register (OTCBB: JRCO) can’t find a buyer for its 11 Connecticut weekly papers, the company says they’ll be shuttered. The Yardley, PA-based publisher has been facing mounting debt along with declining revenues and profits. (via Romenesko)

Former Austin-American editor rounds up buyers: Rich Oppel, who retired as editor of the Austin-American Statesman a few months ago, is gathering investors in hopes of buying his former employer from Cox Enterprises. Still, he faces a lot of competition: Publisher Michael Vivio said that 50 groups have lined up with acquisition offers.

Blethen Maine Newspapers sale contingent on financing: The publisher of the Portland Press Herald/Maine Sunday Telegram, the Kennebec Journal and the Morning Sentinel has sold itself to Maine Media Investment. The deal is contingent on MMI obtaining financing, which the credit crunch has made more difficult. The Portland Press reported this summer that a previous deal between Blethen and MMI collapsed this summer.

Photo Credit: evelynyll

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