January 17, 2020

Tribune Publishing Offers Voluntary Buyouts to Employees at 9 Papers

To cut costs, Tribune Publishing offered voluntary buyout packages to employees with eight or more years of service on Monday, reports the Chicago Tribune. The buyouts are available to qualifying employees at all of Tribune Publishings nine newspapers: Chicago Tribune, The Baltimore Sun, South Florida SunSentinel, Hartford Courant, The Virginian-Pilot, the New York Daily News, Orlando Sentinel, Daily Press and The (Allentown, Pennsylvania) Morning Call.

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illustration of the number five, representing the five subscription business topics for this column, Five-on-Friday

Five on Friday: Acquisitions, Ad Sales and Ad Blockers

Subscription companies are starting 2020 strong with acquisitions, ad sales and inquiries into ad blocking companies. We’ll explore those topics in this week’s edition of Five on Friday: CBS All Access continues to do well with low subscription churn and higher ad sales; travel trends show that subscriptions and memberships are a solid strategy; Meredith will acquire crowdsourced recommendation platform SwearBy; The New York Times reports preliminary results for 2019; and Sen. Ron Wyden wants an investigation into the ad-blocking industry to see if Big Tech is buying them off.

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