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Friday, January 10, 2014

Kamloops Daily News shutting down after more than 80 years
Jan 06, 2014 - Posted by Tamara Baluja Latest News The Business of Journalism
By Tamara Baluja, Associate Editor
The Kamloops Daily News is shutting down after more than 80 years of publication.
Glacier Media, the parent company of the Kamloops Daily News, said it will close the B.C. newspaper within the next 60 days for economic reasons.

“[R]evenues have declined and the Daily News has been unable to reduce expenses sufficiently to continue as a viable operation,” the company said in a statement.

“Personally I am very saddened to make this announcement,” said publisher Tim Shoults in the statement. “We have struggled for the last several years, worked tirelessly and taken many difficult steps along the way which were designed to ensure our future. Unfortunately the realities of our industry, our local advertising market and our labour situation were too great for us to overcome.

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