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Tucson Citizen’s future hangs in the balance

Gannett, owner of the Tucson Citizen of Tucson, Arizona, announced in January that it would be selling the paper or folding it if acceptable offers were not received.
However, the paper is still operating because an unknown number of parties are in the midst of serious negotiations, according to an article on the paper’s website.

Citizen staffers entered employment limbo Tuesday afternoon when Gannett announced the paper would move to day-to-day publication status because two “very serious” prospects had come forward.
Robert J. Dickey, president of Gannett’s U.S. Community Publishing, informed Citizen interim Editor Jennifer Boice in a phone call that negotiations with the potential buyers would not completed by Saturday, the date Gannett had set to shutter the Citizen if it hadn’t been sold.

Gannett said in a news release that it hopes to have the situation resolved in “the very short term,” and hopes to notify employees about the results of the negotiations as soon as possible.

Click here to read more.

About the Author

The Reynolds Center, created through generous grants from the Donald W. Reynolds Foundation of Las Vegas and operated by ASU’s Walter Cronkite School of Journalism and Mass Communication, is dedicated to improving the quality of business and economics coverage through training programs for business reporters and editors.

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