Portland Newspaper Guild Rejects 50 Changes To Contract
The investors seeking to buy a majority of MaineTodayMedia – publisher of the Portland Press Herald, Kennebec Journal and Morning Sentinel – demanded fifty changes to the contract before they would agree to the purchase.
Today, the Portland Newspaper Guild rejected those changes, so the 2100 Trust will not be making its purchase.
Without the infusion of money, the company faces bankruptcy. MaineToday Media is $7.6 million in debt, reports Al Diamon.
Some sources told Diamon that bankruptcy might be a preferred option to the deal, which wasn’t guaranteed to keep the company out of bankruptcy anyway. But Guild president Tom Bell denies that:
“We have no illusions about bankruptcy,” Bell said. Bankruptcy is not a good place for us. We understand that.”

Create a social media strategy, launch your campaign, and track the results in our
The union that represents Boston’s WHDH-TV anchors and reporters has come to an agreement with the station for a new three-year contract that provides 2 percent raises in exchange for the gradual phasing out of fees paid to anchors and reporters for appearing on air.
The Kennebec Journal in Maine and the union representing 32 employees at the newspaper have signed a contract that gives those employees a five percent raise but comes with significant concessions, Al Diamon at DownEast
The members of the Fresno Bee Guild voted unanimously Monday to ratify a new three-year contract with the paper, the Pacific Media Workers Guild 

MediaJobsDaily Twitter feed loading...