Virginian-Pilot cuts standalone section, stock listings

The Virginian-Pilot newspaper plans to cut its standalone business section and its printed stock listings every day but Sunday, according to a story in Saturday’s paper.

Philip Walzer writes, “Local business stories will appear in the front and Hampton Roads sections, he said, and the front section will include a ‘market page’ Tuesday through Saturday. Stock listings will appear on The Pilot’s Web site, Jones said.

“‘The paper will be a little smaller,’ Finley said. ‘I think readers will notice. We will keep the quality of the journalism as high as possible. There will just be less of it in the daily Pilot.’

“The Pilot, Jones said, will remain ‘the most thorough source of news, information and advertising in the marketplace.’ The newspaper’s owner, Landmark Media Enterprises LLC, continues to negotiate a sale of the newspaper. A buyer is trying to get financing, Jones said. The potential sale, he said, did not influence the cost-saving measures. The Pilot also is expanding ways to generate revenue, Jones said. In October, it began printing front-page advertisements.”

Read more here.