The saddest part? The 200 layoffs at Dallas’ Only Daily Newspaper are probably not enough, and the newspaper experts I talked to expect another round of layoffs later this year if the economy doesn’t improve. Parent company A.H. Belo cut 500 jobs across its three major newspapers and assorted products.
And, from the Isn’t it Ironic Department? A regular visitor here notes that when The News’ parent company bought the Providence newspaper in 1997, the purchase included something called The Food Network. Yes, that Food Network. The then-Belo Corp. quickly traded it and $75 million in cash to the E.W. Scripps newspaper company for a radio and TV station in San Antonio. Today, Scripps Networks, which Scripps spun off and includes HGTV, is apparently quite successful.