The Philadelphia Inquirer announced Tuesday that its Schuylkill Printing Plant has been bought to developer J. Brian O’Neill for $37 million, according to reporting by the Inquirer’s Jacob Adelman. The Inquirer introduced its intent to market the plant, which will end result in the loss of 500 work, in October.
“The conclusion is portion of a business enterprise strategy aimed at lowering operational fees and ensuring the extended time period sustainability of The Inquirer,” publisher Lisa Hughes instructed staff members in an e-mail Tuesday. “SPP has been central to our functions for almost 30 a long time, and I know that the decision to no more time print our possess newspapers is an psychological one for numerous.”
The Inquirer is the most current of numerous newsrooms to stop printing newspapers and outsource that operate out of city.
In 2020, at minimum 1,500 work opportunities ended up misplaced to printing plant shutdowns, including at Gannett’s Palm Springs Desert Sun, Tribune’s Hartford Courant and the Tampa Bay Moments, which Poynter owns. In our checklist of how newsrooms have been afflicted by the pandemic, we have tracked 13 plant closures so significantly.
The Inquirer, which is owned by the Lenfest Institute, will outsource its printing to a Gannett plant in Cherry Hill, New Jersey.
Connected: What I have acquired from covering a year of media layoffs and closures