Gannett Co. reported a 12 percent decline in its fourth-quarter net income Monday, largely because of restructuring expenses and a tax benefit that boosted the previous year's results. But revenue increased 9 percent thanks to robust political advertising, increasing digital subscriptions and an extra week in the quarter.
The St. Cloud Times plans to start charging you to view some of their online content. In a letter sent to their subscribers, they say they will create an online pay wall for non-subscribers starting February 1st.
Employees at Gannett's local newspapers, including the St. Cloud Times, will have to take a week off without pay during the first quarter. For now the furloughs will only apply to non-union workers.