Media Analyst Predicts Newsday Could Cut Saturday Edition
Portfolioreports that media appraiser Kevin Kamen believes Newsday could cease publishing its Saturday edition.
Could Saturday soon cease to be a Newsday on Long Island? Media appraiser Kevin Kamen thinks it will, predicting that Cablevision will cease publishing a Saturday edition of the paper to save money. "By cutting out a Saturday edition Cablevision could quickly realize a savings across the board, be able to further eliminate editorial and production positions and essentially streamline costs that help their profit margins," he writes.
If the newspaper is struggling financially it is probably a good way to cut costs. More and more people are reading the news online anyway but newspaper reading probably won't go completely digital until there is a reliable digital newspaper reader that is much more newspaper like than a laptop or a smartphone.
Portfolio reports that media appraiser Kevin Kamen believes Newsday could cease publishing its Saturday edition.
