The Christian Science Monitor and the McClatchy Co, which owns 30 US dailies, have agreed to share foreign news coverage in the latest cost-saving move by the ailing US newspaper industry, Agence France-Presse (AFP) has reported.
The Monitor and McClatchy, the third-largest US newspaper chain, said in a statement that they would share stories by Monitor correspondents in New Delhi and Mexico City and McClatchy reporters in Nairobi and Caracas.
The AFP report also said: [Link]
"We're pleased to be able to give McClatchy readers access to some of the world-class foreign reporting for which the Monitor is famous," McClatchy Washington bureau chief John Walcott said in the statement released Monday. "Cooperation between McClatchy and the Monitor supports the continued professional coverage of international news," said Monitor editor John Yemma. They said the content-sharing agreement would be evaluated after three months and would be continued, terminated or expanded at that time.
The 100-year-old Christian Science Monitor, which has a circulation of some 50,000, announced in October it was ending its daily print edition next year and would become the first national US newspaper to take a solely Web-based approach. The Monitor is forecast to lose 18.9 million dollars in the budget year ending April 30.
McClatchy, which has carried out a series of layoffs this year, owns the Miami Herald, the Sacramento Bee, the Fort Worth Star-Telegram and the Kansas City Star among other papers.
