• American City Business Journals2 months ago

    Journal Sentinel 'open' to sale or lease of prime downtown HQ space

    For the first time, a top executive at the Milwaukee Journal Sentinel says the organization is prepared to lease the ample vacant space at its downtown Milwaukee headquarters — and wouldn’t rule out selling the one-block complex. “If it makes sense to look at selling the building, we’re open to it,” new Journal Sentinel president Chris Stegman said in an interview with the Milwaukee Business Journal. Stegman’s statement represents an about-face in the Journal Sentinel owner’s position on the future of the prime real estate.

  • American City Business Journals11 months ago

    Journal Sentinel seeks more employee buyouts ahead of sale to Gannett

    Although Journal Sentinel buyer Gannett Co. Inc. has agreed not to eliminate newsroom jobs after closing its acquisition of the newspaper’s parent company in early 2016, that doesn’t mean the Journal Sentinel’s current owner can’t trim staff — and that’s exactly what is happening. Journal Sentinel president and publisher Betsy Brenner sent a letter Tuesday informing employees of another round of voluntary buyouts. “2015 presented many challenges to our advertising and circulation sales teams.” The voluntary buyout was extended to employees of the Journal Sentinel as well as Journal Media Group’s (JMG) suburban Journal Community Publishing Group including Lake Country Newspapers.

  • Forbes2 years ago

    Journal Communications, Scripps Spin/Merger set for April 1

    Journal Communications and E.W. Scripps have set April 1 as the closing date for their deal that was announced July 30, 2014. After the closing, Journal Broadcast Group stations will be part of Cincinnati-based Scripps (NYSE: SSP). The Milwaukee Journal Sentinel and Journal Communications (NYSE: JRN) community newspapers will join