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NEWSMAKERS 2014: Kamloops Daily News shutdown

January 01, 2015 - 2:30 PM

THIS WEEK, INFONEWS.CA IS COUNTING DOWN THE TOP NEWSMAKERS OF 2014. TODAY: NUMBER TWO

KAMLOOPS - The media landscape changed quickly in 2014 when Glacier Media announced in the first week of the year it would shut down the Kamloops Daily News.

“Personally I am very saddened to make this announcement,” Daily News publisher Tim Shoults said in a statement at the time. “We have struggled for the last several years, worked tirelessly and taken many difficult steps along the way which were designed to ensure our future. Unfortunately the realities of our industry, our local advertising market and our labour situation were too great for us to overcome.”

The company had shut down the pressroom and mailroom three years earlier and first said it would cease production of the newspaper within 60 days, but within a few days it was announced that week would be the last for the paper. The shock in the community over losing the paper was heightened by the quick closure.

Less than two months later, the city announced it was looking to purchase the property, which could potentially be used as a parkade, performing arts centre or civic building. By May a $4.8 million loan was approved by council for the purchase.

To contact a reporter for this story, email Jennifer Stahn at jstahn@infonews.ca or call 250-819-3723. To contact an editor, email mjones@infonews.ca or call 250-718-2724.

News from © InfoTel News Ltd, 2015
InfoTel News Ltd

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