Times-Picayune (New Orleans) to stop daily print publication [View all]

[MountainLaurel]

A new company - the NOLA Media Group, which will include The Times-Picayune and its affiliated web site NOLA.com - was announced today by Ricky Mathews, who will become its president. The change is intended to reshape how the New Orleans area's dominant news organization delivers its award-winning local news, sports and entertainment coverage in an increasingly digital age.

NOLA Media Group will significantly increase its online news-gathering efforts 24 hours a day, seven days a week, while offering enhanced printed newspapers on a schedule of three days a week. The newspaper will be home-delivered and sold in stores on Wednesdays, Fridays and Sundays only. A second new company, Advance Central Services, will print and deliver the newspaper. Both of the new companies are owned by Advance Publications.

The decision to form a new company signals a change in the way news is delivered to an increasingly wired New Orleans area audience, said Mathews. Jim Amoss, currently editor of The Times-Picayune, will run the combined content operation of NOLA Media Group.

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Mathews said the three days of publication were chosen in part so that the print edition is distributed across the entire week, but also because Wednesdays, Fridays and Sundays have proved to be the most valuable days for the newspaper's advertisers.

http://www.nola.com/business/index.ssf/2012/05/nolamediagroup.html