Connecticut’s Winsted Citizen saved, bought by American Business Media
The following excerpt was sent out from ctnewsjunkie.com: American Business Media LLC, a national magazine publisher based in Simsbury, purchased the Winsted Citizen last week, saving the cash-strapped monthly newspaper from a previously announced closure. The acquisition, announced by the publisher’s CEO Vincent Valvo in a press release, came less than a week after news […]
Connecticut paper to shutter due to financial constraints
The following excerpt was sent out from nbcconnecticut.com: After trying to buck a national trend of media closures and downsizing, a small Connecticut newspaper founded earlier this year with Ralph Nader’s help has succumbed to financial problems and will be shutting down. An oversight board voted Monday to close the Winsted Citizen, a broadsheet that […]
