Tribune Publishing, owner of New York's Daily News and Capital Gazette, among other titles, announced it will permanently close the newsrooms of both newspapers. Staffers will work offsite.
The Daily News will close its newsroom at 4 New York Plaza in Lower Manhattan with no plans for a future physical office, The New York Times reports. Workers have until Oct. 30 to collect items left in the office.
Tribune Publishing, then Tronc, bought the Daily News in 2017 for $1.
“With no clear path forward in terms of returning to work, and as the company evaluates its real-estate needs in light of health and economic conditions brought about by the pandemic, we have made the difficult decision to permanently close the office,” Max Reinsdorf, spokesman for Tribune Publishing, told The New York Times.
Reinsdorf noted the company will reconsider a need for physical offices as the pandemic progresses.
In April, Tribune Publishing instituted company-wide furloughs that affected nonunion employees making between $40,000 and $67,000 a year. Employees were alternatively given the option of a severance package.
Tribune Publishing also owns the Chicago Tribune, Baltimore Sun, Hartford Courant, Orlando Sentinel, South Florida Sun Sentinel, The Morning Call in Allentown, Pennsylvania, the Daily Press in Newport News, Virginia and The Virginian-Pilot in Norfolk, Virginia, as well as the Capital Gazette in Annapolis, Maryland.
Earlier this month, the company released its Q2 2020 results, showing a 39% increase in digital-only subscribers, but a 48% decrease in ad revenues.