Amid More Losses - Keeping Hope Alive at the ProJo

Dallas-based A.H. Belo, owner of the ProJo, reported first-quarter losses of $18.1 million - not including some substantial one-time charges, like a big ol' writedown on the value of the ProJo and costs associated with a recent round of company-wide layoffs that claimed some 100 jobs in Providence.

The first-quarter loss, detailed in the Providence Business News, was nearly double the loss for the same period last year.

These are ugly numbers. As are recent figures on declining circulation. But Tom Heslin, the ProJo's executive editor, asked us, in a note to readers this weekend, to keep hope alive:

We know what you demand from The Providence Journal and This is the news organization that sets the public agenda. This is the news organization that holds officials accountable. This is the news organization that helps Rhode Island navigate the tough times and celebrate the good times. This is the news organization of history. This is the mirror. This is the big picture. This is the Hope.

We are here. Very much alive.

Here's hoping. One need only skip on up 95 to Boston to get a sense for what could be next...

| More

 Friends' Activity   Popular 
All Blogs
Follow the Phoenix
  • newsletter
  • twitter
  • facebook
  • youtube
  • rss
Latest Comments
Search Blogs
Not For Nothing Archives