“The Wall Street Journal will debut a newly formatted version of its print edition starting Nov. 14, which will combine several sections and reduce the size of some coverage areas as the paper copes with an accelerating industrywide decline in print advertising,” writes Lukas I. Alpert in Wednesday’s (11/2) Wall Street Journal. “Editor in chief Gerard Baker announced the changes to staff in a memo Wednesday. As a result, the paper will feature fewer pages with less space dedicated to coverage of arts, culture and New York news. ‘All newspapers face structural challenges and we must move to create a print edition that can stand on a sound financial footing for the foreseeable future while our digital horizons continue to expand,’ Mr. Baker wrote in the memo. The paper has already offered buyouts to all staffers and warned of possible layoffs. … the Personal Journal and Arena sections, which focus on lifestyle, art, sports and culture coverage, will be combined into a new section called Life & Arts … The paper will continue to publish Journal Reports and Mansion as separate sections … The move comes amid a sharp decline in print advertising that is hitting publishers across the industry.”
Posted November 4, 2016
