GateHouse Media is in trouble.
Earlier this summer, the news conglomerate’s stock prices fell so low they were removed from big-board trading.
At 4:15 p.m. ET today, the stock price is listed at $0.48 on the company’s Web site.
On the east coast they have closed papers.
And now in Kansas, the GateHouse flagship for the state is dropping its Monday newspaper and going to a Tuesday-Saturday publication schedule.
The article was published on Monday, and it is effective next Monday.
I used to work at The Sentinel.
The publisher, Gary Mehl, is a great guy and gave me an internship even when he knew nothing about my skills.
He gave me a shot, and that internship blossomed into a weekly columnist gig, which I loved dearly.
Now, as editor of a weekly newspaper just miles from McPherson, I still read The Sentinel and keep in touch my friends that work there.
I haven’t heard from any of them yet about what they think, but I am very interested to find out.
The editor, Katie Stockstill, just started.
What a way to get going.
She probably feels like she boarded a sinking ship, but I hope they pull through.
In the article, Stockstill promises more localized coverage and a stronger Web presence.
I’ll be eagerly watching to see the changes.
At least now, though, none of the employees will be able to have a “case of the Mondays” anymore.
