The Times-Picayune, a 175-year-old fixture in New Orleans and a symbol of the city’s gritty resilience during Hurricane Katrina and its aftermath, has buckled under the pressures of the modern newspaper market.
Advance Publications, owned by the Newhouse family, said Thursday it would scale back the printed editionto three days a week and impose staff cuts as a way to reduce costs as well as shift its emphasis to expanded online coverage.
The decision will leave New Orleans as the most prominent American city without a newspaper that is printed every day. But it also reflects the declining lure of the paper as a printed product. In 2005, before Katrina struck, the paper had a daily circulation of 261,000; in March of this year, the circulation was 132,000.