Last week, Grand Rapids Press publisher Dan Gaydou delivered a speech to the Rotary Club of Grand Rapids on the state of his newspaper. As the we’ve reported in recent months, The Grand Rapids Press’ parent company has made a number of cuts in recent months, as has The Grand Rapids Press.
However, The Grand Rapids Press reported on Gaydou’s talk and that The Press is in a solid position:
Acknowledging the newspaper business is changing dramatically, Gaydou said The Press — along with parent company Advance Publications Inc. — is poised to make the transition.
A string of major daily papers have filed bankruptcy or stopped publishing, but it’s inaccurate to assume that all newspapers are close to demise, he said, speaking at Kent Country Club. Many of the papers that have folded are in large metropolitan markets and have lost readership over time.
That isn’t the case with The Press, which is read by 56 percent of the community on a daily basis and 65 percent on Sunday, Gaydou said.
Gaydou said that the biggest challenge facing The Grand Rapids Press is the economy, but that it has recently cut costs through pay cuts and buyouts.
Gaydou went on to say that The Press is committed to maintaining its “reporting franchise” saying that it is necessary to “preserve a valuable component of the community and democracy.”
And as is always the case today, Gaydou hyped The Grand Rapids Press’ website saying that it “appeals to younger readers.”