Thursday May 22, 2008

Palladium-Times Feels Economic Crunch, Cuts Monday Edition

Publisher says adverse economy forces move

    The Palladium-Times will be suspending the Monday edition of its newspaper effective June 2.

    The paper will continue to be published as usual Tuesday through Saturday.

    The newspaper is headquartered at 140 W. First St., Oswego.

    The newspaper’s publisher, Paul Scott, pointed to tough economic times as a reason for the cutback in a letter published in today’s edition of the newspaper.

    “We at The Palladium-Times are faced with our own economic challenges. Our delivery prices have soared and our costs for paper, ink, utilities and property taxes are greater than ever before. For this newspaper to thrive in these difficult times, and at the same time continue to meet our journalistic responsibilities as your hometown newspaper, we are faced with two choices: to significantly increase our rates to you, our loyal readers, or to significantly ‘tighten our belts,’” Scott said.

    “I found it impossible to raise the price of this paper and increase the burden on our readers. We at The Palladium-Times will tighten our belts and forestall the need to raise our rates for the foreseeable future,” he added.

    Scott said the Monday edition was chosen because it has the least amount of local news, few time-sensitive press releases, and less hard-hitting news stories.

    After the change, Monday’s obituaries will appear in Tuesday’s edition as well as all available police reports. Weekend sports, important breaking news, including obituaries, will be posted as it comes into The Palladium-Times on its Web site, www.palltimes.com.

    The business office will remain open as usual from 8:30 a.m. to 5 p.m. weekdays.