Posted on Fri, Jan. 07, 2005
Miami Herald Co. ceases publication of Street Weekly
Associated Press
MIAMI - Street Weekly, an alternative tabloid published by the Miami Herald Publishing Co. since 1999, is being shut down because of financial losses.
The issue that hit newsstands Thursday will be the publication's last. The tabloid's 13 employees will be offered three-month severance packages if jobs cannot be found for them in other departments at the Herald, Street editor Brett O'Bourke said.
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"The losses were modest, but the reason we shut it down is because they were consistent," Herald Publisher Alberto Ibarguen said. "We didn't see it turning the corner."
Street is the Herald's second weekly paper shut down in the past two years. The company stopped publishing The Jewish Star Times in December 2002, also for financial reasons.
The Herald is owned by Knight-Ridder Inc.
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http://www.tallahassee.com/mld/tallahassee/news/local/10590698.htm