Tag Archives: paper

Nashville’s City Paper to Cease Operations Aug. 9

From today’s edition of The City Paper:
After 13 years, The City Paper will cease operations with the publication of its Friday, Aug. 9 issue.
Chris Ferrell, CEO of SouthComm, made the announcement to employees this morning.
“In the last few days, we made the difficult decision to stop publishing The City Paper,” he said. “After years of being subsidized by our investors and other Southcomm publications, we finally determined that there was not enough advertiser support for the free newsweekly model we were trying to sustain. The model proved very popular with readers, but in publishing the revenue doesn’t necessarily follow the readership.”
Ferrell said that the tough climate for advertising dollars made having multiple news properties extremely difficult, particularly a general interest publication like The City Paper. A portion of the staff will be laid off while others will be redeployed to other SouthComm publications.
“Going forward we will be merging some of our editorial resources into our profitable publications in Nashville in an effort to make them even stronger,” Ferrell said. “You will see some of the names you have grown familiar with in The City Paper in the masthead of the Nashville Scene and Nashville Post. Both publications will expand their news coverage to fill the gap left by the closing of The City Paper. David Boclair will continue his coverage of Nashville sports, for example.”

Full story HERE.

Memphis Paper Company Wants $57M in Tax Breaks — or Else

International Paper wants $56.9 million in tax breaks over the next 15 years and, if it doesn’t get them, threatens to move jobs out of its Memphis facility, according to the Commercial Appeal.
(If given the tax breaks) the company commits to retain 2,274 high-paying jobs in Memphis, add 101 new ones and invest $115.7 million, including construction of a fourth office tower at its East Memphis corporate headquarters.
The company has filed its application for a retention PILOT, or payment in lieu of taxes. The Economic Development Growth Engine (EDGE) for Memphis & Shelby County is to vote on the application Wednesday.
International Paper’s application detailed the company’s options if the EDGE board were to deny the tax break.
“Move a significant number of its high-paying jobs from Memphis to Ohio, where it currently owns facilities which could house these workers — a decision that could also presage Memphis’ loss of additional existing jobs to Ohio, as well as the loss of future growth to Ohio …,” the application states.
A second option would be to move International Paper’s corporate headquarters to a newly constructed campus outside Tennessee. “This is the lowest cost option for IP …,” the document states. There’s been some speculation the company was considering a move to DeSoto County.

Judge Rules TSSAA Subject to State Open Records Law

The Tennessee Secondary School Athletic Association was declared the functional equivalent of a state agency Friday and declared to be subject to the Tennessee Open Records Act, reports The City Paper.
Responding to a lawsuit filed by The City Paper earlier this year, Chancellor Claudia Bonnyman granted the newspaper’s motion, agreeing that the TSSAA is the state’s de facto regulatory body for high school athletics and therefore subject to records requests.
As part of an investigation into recruiting violations at Montgomery Bell Academy, The City Paper requested documents from the TSSAA in January but was denied by the organization. The paper petitioned the court for access to the records in February.