The Journal Register Company will close two of its daily newspapers in Connecticut unless a buyer is found by January.
The two papers facing closure are the Bristol Press and The Herald of New Britain, reports the Hartford Courant. Around 50-60 employees will be affected.
E&P reports that Journal Register owns 22 dailies and hundreds of non-dailies in the U.S, and has been beset by high debt levels and falling advertising revenue. The company was recently kicked off the NYSE.
The International Herald Tribune suggests that the issues may be deeper with all 13 of the Journal Register’s Connecticut papers possibly facing closure as the companies financial situation deteriorates.
Websites for The Bristol Press and The Herald of New Britain are offline at the time of writing.