Creative Loafing Charlotte Abruptly Ceases Print Production

Charles Womack III, president of Womack Newspapers, Inc. (WNI) announced today that the North Carolina-based alt-weekly publication, Creative Loafing Charlotte—which was acquired by WNI in 2014 from SouthComm Inc.—has been sold to his son C. Alex Womack IV, president of Womack Digital LLC, for an undisclosed amount. Along with the sale, the publisher said that the Oct. 31 issue of the print edition would be its last. The announcement, which was posted on the alt-weekly’s Twitter page, said that the decision to shutter print was due to the Alex Womack’s vision of taking the publication digital-first. “It’s time for the product to be innovated and taken to the next level,” said Charles Womack in a statement. “Alex has a lot of experience in the digital world and is very passionate about innovation and technology.” In response to the publishers’ statement, former editor-in-chief of Creative Loafing Charlotte Ryan Pitkin announced on Twitter that all of the publication’s staffers had also been let go, without severance, and another former staffer tweeted her outrage at the former owner and publisher. [embed]https://twitter.com/pitkin_ryan/status/1057681032001085441[/embed] Courtney Mihocik, most recently the associate editor of Creative Loafing, tells Folio: that the staff was given the deadline of noon on Wednesday to go to print, but within 10 minutes of doing so, their work emails had been closed. “We all thought this might be an emergency." Shortly after, Mihocik says... Continue reading at 'Folio Magazine'

[ Folio Magazine | 2018-11-01 00:00:00 UTC ]
News tagged with: #digital content #business development #previously spent #business model

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