Paging Lou Grant
[WWJ]
Detroit News, Free Press to end joint operating agreement, will run
independently
he Detroit News and Detroit Free Press, competitors in content who shared
business operations for decades, are ending their joint operating
agreement and will run independently of each other.
Both newspapers issued announcements on their websites Monday morning
about the decision. The joint operating agreement will expire Dec. 31.
Gannett did not give a public reason in the reports for ending the
business deal.
Such partnerships sprang up across the country after Congress first
approved the Newspaper Preservation Act in 1970. At one time, there were
28 joint operating agreements supporting certain metro areas that had
multiple newspapers. The last one remaining after this one wraps will be
in Las Vegas.
Detroit's joint operating agreement was last renewed in 2005 with a
20-year term.
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https://www.cbsnews.com/detroit/news/detroit-free-press-news-ending-joint-operating-agreement/
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