Dow Jones, owner of the Wall Street Journal, has put its 25,000-circulation Santa Cruz Sentinel up for sale along with five other dailies to take advantage of a tax break that expires on Dec. 31, Sentinel Publisher Molly Evans (pictured) told her staff on Monday (Aug. 28). Bidding is expected to begin next month, according to a story in this morning’s Sentinel. The paper has 169 employees including 40 in the newsroom. Dow Jones owns its papers through a subsidiary called Ottaway Newspapers, and of its 15 papers, the Sentinel was among the six with the slowest growth. Managing Editor Donald Miller pointed out that Santa Cruz is a tough market for newspapers because of the lack of population growth and the lack of retail growth. The Sentinel’s story includes a sampling of local reaction
Santa Cruz Daily Sentinel up for sale
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