Santa Cruz Sentinel to cut 8 newsroom jobs

The Santa Cruz Sentinel reported in today’s edition that it will be cutting its newsroom staff by eight positions, or 21 percent. Editor Tom Honig told his staff in a meeting Thursday that eight of the paper’s 38 full-time newsroom employees — reporters, photographers, editors, copy editors and support staff — will be let go on July 1. After the layoffs, the Sentinel will be devoting more of its resources to the Internet and conducting meetings with the public to

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Santa Cruz Sentinel was sold for $45 million

The Santa Cruz Sentinel was sold to a company controlled by Dean Singleton’s MediaNews Group for $45 million, according to documents filed Tuesday with the Securities and Exchange Commission. Page 20 of MediaNews Group’s latest quarterly financial statement describes the sale of the 25,000-circulation daily to California Newspapers Partnership. MediaNews owns 54 percent of the partnership, with the remaining shares held by Gannett Co. and Stephens Newspapers of Little Rock, Ark.COMPS: By comparison, Hearst acquired the 67,000-circulation Torrance Daily Breeze

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MediaNews puts buildings up for sale

A couple of the region’s landmark newspaper buildings — in Santa Cruz and San Mateo — are soon going up for sale as the papers’ new owner, Dean Singleton’s MediaNews Group, scrambles for cash. The Santa Cruz Sentinel reports today that its 54,000-square-foot Church Street building, where the daily has been composed and printed since 1967, will go on the market in a number of days. Starting May 1, MediaNews’s San Jose Mercury News will print the Sentinel at its

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Santa Cruz daily to be printed in San Jose

Six weeks after acquiring the Santa Cruz Sentinel, Dean Singleton’s MediaNews group has decided to print the 25,000-circulation daily at his Mercury News plant in San Jose. As many as 33 of the Sentinel’s 120 employees will be looking for work as a result of the switch. The move comes a week after MediaNews voided the paper’s contract with its 10 Teamster pressmen. They will receive two weeks of severance pay for every year of service with a cap of

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MediaNews buys Santa Cruz Sentinel

Dean Singleton’s MediaNews Group acquired another daily newspaper yesterday — the 25,000-circulation Santa Cruz Sentinel. Singleton had been eying the Sentinel for several months. The paper was put on the block last year by owner Dow Jones & Co. along with five other dailies in other parts of the country. MediaNews bid on just the Sentinel, but Dow Jones decided to sell the entire group to Alabama-based Community Newspaper Holdings Inc. for $287.9 million. It was the Alabama chain’s only

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MediaNews bidding for Santa Cruz daily

MediaNews, the newspaper company led by Dean Singleton (pictured), is bidding on the Santa Cruz Sentinel, the Merc reports. On Aug. 28, Sentinel owner Dow Jones (also owner of the Wall Street Journal), put the 25,000-circulation Sentinel on the block to take advantage of a tax break that expires Dec. 31. Bids were due at the close of business on Thursday (Sept. 14). The Merc says that the standard practice would be for Dow Jones to select second-round bidders, who

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