This blog is mainly about the spectacular train wreck at The Sacramento Bee and its parent company, the McClatchy Company. But I also post about current events, the Iraq and Afghanistan wars, politics, anything else that grabs my attention. Take a look around this blog, hope you enjoy it.
Monday, October 13, 2008
Coming soon to a McClatchy newspaper near you: a price hike
Sacramento Bee subscribers can look forward to paying more for their Bee in January, as Publisher Cheryl Dell reports the price of The Bee will go up in January. Facing increased costs of newsprint and gasoline, plus declining revenue, newspapers across the country are raising prices.
Here are some newspapers that have recently announced newsstand price hikes:
. McClatchy's Kansas City Star jumps from 50 cents to 75 cents (and the Sunday edition goes from $1.25 to $1.50) beginning October 19.
Are subscribers willing to pay more for newspapers that offer less? My blogging colleague Jim Hopkins has heard the USA Today has plans to remove "a significant number" of newsstand racks at sidewalks and other venues, anticipating a drop in single copy sales.
But McClatchy will be hard-pressed to absorb more drops in circulation. McClatchy's The Olympian newspaper has lost 1,000 subscribers in the last year; more losses could be catastrophic.