McClatchy CEO Pat Talamantes said the company hoped to reduce expenses by $25 million or more by reducing newsprint and distribution costs at its 28 newspapers, which include The Charlotte Observer, The Herald of Rock Hill, The News & Observer of Raleigh and The State of Columbia.
McClatchy CEO Pat Talamantes said the company hoped to reduce expenses by $25 million or more by reducing newsprint and distribution costs at its 28 newspapers, which include The Charlotte Observer, The Herald of Rock Hill, The News & Observer of Raleigh and The State of Columbia. MARK HAMES mhames@charlotteobserver.com
McClatchy CEO Pat Talamantes said the company hoped to reduce expenses by $25 million or more by reducing newsprint and distribution costs at its 28 newspapers, which include The Charlotte Observer, The Herald of Rock Hill, The News & Observer of Raleigh and The State of Columbia. MARK HAMES mhames@charlotteobserver.com

McClatchy reports $11 million loss on weak retail, national ad demand

April 24, 2015 10:36 AM