By: E&P Staff
The Journal Register Co. said it will have to close two of its newspapers in Connecticut unless a buyer is found by January.
It is not clear if there are any interested parties in the Bristol Press and The Herald of New Britain, reports the Hartford Courant.
An unnamed employee of Journal Register told the Courant that the company’s other three Connecticut dailies — The New Haven Register, The Middletown Press, and The Register Citizen of Torrington — are “profitable” and “will continue to publish.”
The Courant obtained a memo from the publisher of the Bristol Press and the Herald Edward Gunderson who wrote, “In the event that there is no buyer, then we anticipate that the facility will be shut down. … You will not have the right to displace other employees.”
Roughly 50 to 60 employees could be affected.
Journal Register owns 22 dailies and hundreds of non-dailies in the U.S. The company has been beset by high debt levels and falling advertising revenue. Journal Register was also kicked off the New York Stock Exchange.