Link (Virginian-Pilot) shuts down next month
Free youth-oriented daily Link by paid paper the Virginian-Pilot (Hampton Roads, Virginia) will be shut down at the end of the year.
The plan is part of the cost cutting plan by the publisher that involves lowering staff size by 125 people (10% of total). The paid paper will have fewer pages and lose the business section.
Link started in October 2006, had received positive reviews and met financial projections, which predicted it would turn profitable by 2010, according to editor Denis Finley in an article in The PilotOnline, but
“we, as a company, cannot afford to withstand those losses in the next couple of years in this climate.”
Link had a circulation of around 30,000.
November 26th, 2008 at 11:14 am
[...] Free daily Link, published in Hampton Roads (Virginia) by paid paper The Virginian-Pilot, will publish its last issue on December 19 (see also previous posting). [...]
December 17th, 2008 at 4:47 am
very sad…I loved reading the Link daily…
December 20th, 2008 at 6:21 pm
[...] Due to the economic recession the publisher made Link one of the cost cutting areas in November (see previous post). [...]