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How New York's tabloid journalists learned their fate How New York's tabloid journalists learned their fate
(5 months later)
Further to my posting on the cuts at the New York Daily News and New York Post, here are edited versions of the memos sent to their respective staffs.Further to my posting on the cuts at the New York Daily News and New York Post, here are edited versions of the memos sent to their respective staffs.
The one to journalists at the News was signed by its editor-in-chief, Colin Myler, and the paper's president, Bill HoliberThe one to journalists at the News was signed by its editor-in-chief, Colin Myler, and the paper's president, Bill Holiber
Dear Colleagues,Dear Colleagues,
In the last couple of days we have started a process of restructuring our business. It is a process that has been difficult and painful. But it is an inevitable consequence of the challenges we continue to face...In the last couple of days we have started a process of restructuring our business. It is a process that has been difficult and painful. But it is an inevitable consequence of the challenges we continue to face...
The newspaper industry is going through an unprecedented revolution. Print advertising and circulation revenue streams continue to fall but our business transformation as a whole is strong and growing.The newspaper industry is going through an unprecedented revolution. Print advertising and circulation revenue streams continue to fall but our business transformation as a whole is strong and growing.
But if we are going to become more successful, the harsh reality is that we have to change how we work. This restructuring is at the heart of our strategy to better secure our future as we navigate the difficult journey as a print/digital/media business.But if we are going to become more successful, the harsh reality is that we have to change how we work. This restructuring is at the heart of our strategy to better secure our future as we navigate the difficult journey as a print/digital/media business.
Our digital growth under Ted Young [former Daily Mail staffer] and his team has been nothing short of phenomenal – with 34m unique visitors in April, up 48% year–on-year.Our digital growth under Ted Young [former Daily Mail staffer] and his team has been nothing short of phenomenal – with 34m unique visitors in April, up 48% year–on-year.
But we still have much to do and in an effort to achieve our goals we have to seriously look at how we further integrate our print and web teams...But we still have much to do and in an effort to achieve our goals we have to seriously look at how we further integrate our print and web teams...
Moving forward we have to be in a position to be more flexible and bold. The news cycle has never been more competitive and we would be failing in our duty if we did not acknowledge the realities of how we have to adapt…Moving forward we have to be in a position to be more flexible and bold. The news cycle has never been more competitive and we would be failing in our duty if we did not acknowledge the realities of how we have to adapt…
Change is often difficult to embrace. We are sure you will have lots of questions and we will be happy to try to answer them. But we want to reassure you that these changes, which we believe are necessary and inevitable, have been made to strengthen our business and to put us in a better position to meet the many challenges we face in the future.Change is often difficult to embrace. We are sure you will have lots of questions and we will be happy to try to answer them. But we want to reassure you that these changes, which we believe are necessary and inevitable, have been made to strengthen our business and to put us in a better position to meet the many challenges we face in the future.
The memo sent to the Post's staff was written by editor-in-chief, Col Allan:The memo sent to the Post's staff was written by editor-in-chief, Col Allan:
Today we are offering voluntary buyouts to a limited number of newsroom employees. We plan to meet with eligible employees today and discuss with them their options and the package being offered to them…Today we are offering voluntary buyouts to a limited number of newsroom employees. We plan to meet with eligible employees today and discuss with them their options and the package being offered to them…
As we budgeted for the coming fiscal year, we took a careful look at our editorial spending and staffing levels, which have grown slowly over the last decade. It is our intention now to reduce our staffing levels by 10% through this initiative, and other measures if necessary.As we budgeted for the coming fiscal year, we took a careful look at our editorial spending and staffing levels, which have grown slowly over the last decade. It is our intention now to reduce our staffing levels by 10% through this initiative, and other measures if necessary.
We have always strived to be an efficient and resourceful news organisation, and being so now is all the more important.We have always strived to be an efficient and resourceful news organisation, and being so now is all the more important.
The New York Post is one of the best brands in the business, and I want to assure you our future, both in print and digital, is very bright indeed.The New York Post is one of the best brands in the business, and I want to assure you our future, both in print and digital, is very bright indeed.
We are taking these steps to make our business stronger and we will continue with targeted investment in the future as we continually strive to offer the best possible product to our loyal readers across all our platforms.We are taking these steps to make our business stronger and we will continue with targeted investment in the future as we continually strive to offer the best possible product to our loyal readers across all our platforms.
Sources: Capital New York here and hereSources: Capital New York here and here
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