The columnist and Creative Loafing shareholder says his company's acquisition of the Chicago Reader and Washington City Paper is neither an "idealistic foray" nor a "hostile takeover of independent papers." The way Sugg sees it, the two papers were caught up in a "broader crisis in the publishing business" that their former owners weren't nimble enough to navigate. He also defends CEO Ben Eason, who hasn't exactly been welcomed with open arms in Chicago and Washington. "He believes alt-weeklies can help readers strengthen their communities," says Suggs. "Eason loves to see controversy in his newspapers. He admits mistakes, takes risks and has an ambitious vision for new media. His lieutenants often disagree with him; he listens ... sometimes."
In a staff message sent Friday, Alison True admits there "are reasons to be distressed by a change this big," but claims there are also "reasons to be optimistic" about the sale to Creative Loafing, including the new owners' pledge to maintain editorial independence and enhance the paper's business operations. MORE FROM CHICAGO: In an anonymous post on a Reader blog, a recently hired salesperson remembers why s/he took a large pay cut to take a job at the paper: "I did it because I love the Reader, and I have loved it since I was 15 years old sneaking away from the burbs and into the city searching for the comforting yellow newspaper dispenser. ... I wanted to be around people that keenly observed the world and cared about the people living in it, the people other than themselves with stories to tell. And I found that. Here at the Chicago Reader."
CEO Ben Eason tells Editor & Publisher he's not sure if the now-six paper chain will continue to use the Alternative Weekly Network (AWN) for national ad sales or switch over to the competing Ruxton Group, which currently handles ad sales for the Chicago Reader and Washington City Paper. "We have been longtime AWN folks," he says. Ruxton, which was founded by the Reader, is now owned by Village Voice Media. Eason says figuring this out is one of his top priorities. He also tells E&P that strength in the national ad market is a key aspect of this week's deal. "Now with Chicago and D.C., all of the sudden you have enough critical mass and it becomes a go-to place for ad agencies on Madison Avenue," he says.
The Reader's Michael Miner reports that Ben Eason didn't focus on editorial matters in Wednesday's meeting, but rather on "web opportunities, regaining ground lost to Craiglist in classified advertising, and the efficiencies of centralizing the design work in Atlanta," a change Miner notes "is likely to cost a dozen or so Reader employees their jobs." After the meeting, when Miner asked Eason about editorial, he said "it's everything" -- but Miner isn't so sure that's Creative Loafing's approach. He thinks the Creative Loafing papers' design "doesn't respect the stories it ought to serve. If the centralized design staff makes this the look of the Reader ... I think readers will judge it as antithetical to what they've understood the Reader to be." According to Miner, Creative Loafing will turn the Reader into a one-section tabloid, a change the old owners were also planning.
"We've received so many overtures over the years and they’ve never come to pass," Bob Roth tells Reader media critic Michael Miner. "[But] we got a better offer than I expected." Creative Loafing CEO Ben Eason tells the Washington Post it was an "eight-figure sale" and that he tried to buy the Reader's minority stakes in the Stranger, the Portland Mercury and the Amsterdam Weekly, but that Roth wouldn't sell. Miner tells the Chicago Tribune that the Reader staff is "discombobulated" at the moment. "This has been a very insular paper," Miner says. "We've seen other papers buffeted by change that hasn't affected us until now." Miner also reports that Reader publisher Mike Crystal and editor Alison True will remain with the paper, but production will be moved to Atlanta, according to a report in the Chicago Sun-Times. Production of City Paper will also be moved to Atlanta, where all four of Creative Loafing's papers are currently produced. Back in Washington, editor Erik Wemple says that budget cuts that had already begun will continue, but "there's no fat in our newsroom that I can identify and so this is difficult process. I refuse to pay freelancers less money, and so we'll have to get terribly, terribly creative." MORE COVERAGE: Forbes; Crain's; St. Petersburg Times; Chicago Public Radio.
The Reader and City Paper, which were both controlled by the founders of the Reader, were acquired today by Creative Loafing Inc., which owns alt-weeklies in Atlanta, Tampa, Sarasota and Charlotte. "Our expansion into Chicago and Washington reflects our confidence in the future of alternative publishing -- in print, on the web and in other media as they emerge," CEO Ben Eason says in a statement. "We've had a great ride," the Chicago Reader Inc. owners say in a separate press statement released by president Bob Roth. "Now we're happily handing the keys to a new generation, Creative Loafing and their CEO Ben Eason. We're confident they will build on what we've established and carry it ably into the future." The Reader statement also notes that most of the company's shareholders will retain their minority interests in The Stranger, Portland Mercury, and Amsterdam Weekly through a company to be called Quarterfold, Inc. MORE: City Paper's Mike DeBonis reports that Eason told the staff that publisher Amy Austin and editor Erik Wemple will remain in their posts but some financial, technology, and production operations will be shifted to offices in Atlanta and Tampa.
That's what the suburban Northwest Herald is saying about Reader media critic Michael Miner's recent column criticizing a Herald TV ad. Editor & Publisher has the entire letter exchange between Chris Krug, group editor of the Herald's parent company; Reader editor Alison True; and Miner. E&P also has comments on the column from Andy Schotz, chairman of the Society of Professional Journalists' Ethics Committee and a source in Miner's story.
In today's citywide election, the Chicago Reader will "try a little experiment in citizen journalism" and have readers send in dispatches from the polls as election day unfolds, E&P reports. On Clout City, the paper's politics blog, Executive Editor Mike Lenehan tells readers: "Keep your eyes and ears open, ask questions if you need to, carry your camera or picture phone, and e-mail your anecdotes and photos." The best of this user-generated content will be posted on Clout City, along with reports from the Reader's regular bloggers. While Lenehan promises that editors "will be manning the inbox...until 8 pm at least, longer if it gets interesting," E&P says the biggest race will likely be a snoozer. "Mayor Richard M. Daley looks to be a shoo-in," E&P writes, before noting there are a few "spirited aldermanic elections" to watch.
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