


“If the market, if the town is healthy, then the newspaper is probably doing okay and I think that is the case with Lexington,” Cross said. “The people in McClatchy towns, like Lexington, are better off than people in towns owned by several other chains and hedge funds,” Cross said.ĭespite the bankruptcy, Cross said the health of a newspaper depends on the market it’s in. McClatchy acquired Knight Ridder in 2006.ĭespite this, he said their largest bondholder wants to maintain quality local journalism. He said McClatchy bought a lot of media outlets when prices were high in the mid-2000s and has paid the consequences with the industry declining. For further reading on the whole paywall issue, read this October study which found that readers are willing to pay for web news - if they think paying is justified.The second-largest local newspaper company in the country, McClatchy, which owns the Lexington Herald-Leader, announced on Thursday it will restructure under Chapter 11 bankruptcy, but one media expert in Kentucky says the bankruptcy shouldn’t worry the state’s second-biggest newspaper.Īl Cross is the director of the Institute for Rural Journalism and Community Issues at the University of Kentucky.
LEXINGTON HERALD LEADER PLUS
Plus the many papers that offer a bundled subscription including print and several digital platforms can count users on each of those additional platforms as new circulation, so long as the digital option is accessed once a month. More than 300 papers now charge for digital, with 70 of Gannett’s 80 community papers making the switch and McClatchy’s 30 just beginning a similar roll-out.So digital-only subs are on the rise. That change is not surprising given digital pay plan trends. That means print numbers are falling by roughly an equal amount. Here's 's analysis of circulation figures from October: With the fast adoption of paywall systems, paid digital has risen to 15.3 percent of the total, compared to 9.8 percent in the 2011 period. The nucleus of the database index is a card file in the Kentucky Room developed by staff over a number of years. So, nationwide, digital subscriptions appear to be paying off for newspapers, giving them stronger circulation numbers to tout. The selective citations included in the Lexington Public Library’s Local History index appeared in various Lexington newspapers beginning with the Kentucky Gazette in 1787 through the Lexington Herald-Leader of December 31, 2007. More broadly, charging for digital access also allows newspapers to reduce their reliance on volatile advertising toward more stable circulation revenue-a story that investors like to hear, analysts say. But paywalls have begun to give newspapers a way to slow, and in some cases reverse, circulation declines, raise prices and open up a new source of revenue. Newspaper print advertising, which has fallen by half since 2005, is expected to be down again in the third quarter. So does the Wall Street Journal and a growing number of newspapers across the nation.) The Wall Street Journal added this about Gannett: There is no question the fundamentals of the industry remain challenged. (The Times, it should be noted, has a paywall. In the third-quarter earnings report from The C-J's parent company, Gannett, circulation revenue increased 10 percent - largely due to the move to a paywall,The New York Times reported earlier this fall. The Courier-Journal, in Louisville, went to a similar subscription model for its website earlier this year. After that monthly trial, you will be charged $9.99 per month. We know you will love our new Herald-Leader + digital package, so for the first month, you will only be charged $.99. If you do not have a Lexington Herald-Leader newspaper subscription and want only digital access, you can purchase the digital bundle alone for $9.99 per month (or $119.88 per year if paid annually). Adding the digital bundle to your newspaper subscription is our best deal. Whether your newspaper subscription is 7-days, weekends or Sunday only, you will have access to our digital products 24/7.
LEXINGTON HERALD LEADER FULL
If you already enjoy your print newspaper with eEdition, you will receive access to the full digital bundle for only $0.36 per week. If you are a Lexington Herald-Leader newspaper subscriber, you can add the digital bundle to your newspaper subscription for an additional $0.60 per week. The print edition of the newspaper costs $1, except on Sundays.The change starts Dec.
LEXINGTON HERALD LEADER FREE
Kentucky's second largest newspaper is following the lead of Kentucky's largest, moving to a subscription model for its website.In other words, you'll get a 15 free stories on the Lexington Herald-Leader's website - per month after that, you'll have to pay, according to an announcementpublished today.Currently, the Lexington Herald-Leader's website is free of charge.
