Businesses around Baldwyn and the rest of the world are starting to be seriously affected by the economic fallout of the COVID-19 virus. As people have been staying home and factories begin temporarily closing, the immediate disruption to business has been unlike anything we’ve seen.
The Baldwyn News is not alone in feeling the effects of the fallout. The News is being forced to cut back on its page count beginning this week in an effort to reduce costs. Revenue for the next few weeks is expected to be significantly impacted by businesses closing.
“Trust me, we don’t want to have to do this, but in order for the newspaper to survive this storm we are having to take these measures,” Owner and Publisher Jason Collum said. “The loss of advertising support for at least the next two or three weeks or more will have a major impact on our operating revenue, and reducing pages to lower our print costs – which is our largest monthly expense – is one of the first measures we have to take to handle the downturn we and most businesses are experiencing during this unprecedented time.”
Our normal page count will return as soon as is viably possible.