Tip: Small papers drafting two new contingencies

An occasional correspondent just sent the following in an e-mail; as always, proceed with caution, because I haven’t corroborated any of this: “Publishers at Gannett’s ‘non-top 30’ dailies have been tasked with preparing two new contingency plans re: total operating expenses — a 2% reduction, and a 4% reduction. Implementation, if necessary, would take place in the first quarter of 2009.”

Gannett owns 85 U.S. dailies, so this latest demand from Corporate covers about 65% of the community newspaper division.

Can anyone confirm — and add details? Please post your replies in the comments section, below. To e-mail confidentially, write gannettblog[at]gmail[dot-com]; see Tipsters Anonymous Policy in the green sidebar, upper right.

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