The WSJ reports that newspaper publisher Gannett (GCI) will stop home delivery of the Detroit Free Press for all but three days a week.
In November, when company stock was already down 71% , Gannett CEO Craig Dubow agreed to cut his salary from $1.2 million to $1 million.
This is a better move.
Circulation for US dailies shrank 4.64% during the six months before September. Newspapers are better off getting ahead of that trend on their own.
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