This may be the unkindest paper cut of all for the beleaguered gang at the New York Daily News.
Remember John Catsimatidis (pictured), one of the taloid’s recent suitors? Well, he’s moved on to a different New York newspaper. As Mort Zuckerman embraces the Web, Catsimatidis is seguing to a much more old-school business model: the free community newspaper.
From Keith J. Kelly’s report:
The Manhattan Express is getting ready to debut in October from the Community News Group chain of papers, covering Midtown, the Upper East Side and the Upper West Side…
“The community newspaper business is a good business and this is one of the most vibrant areas of the city,” said Les Goodstein, head of Community News Group (CNG) and a former executive of News Corp. and the Daily News.
Goodstein told Kelly the Express, a bi-weekly, will be available at Catsimitadis’ Gristedes supermarkets in Manhattan. The kicker? The Manhattan Express is hiring, looking for several reporters to work under editor Paul Schindler, who also oversees CNG’s Gay City News.
Previously on FishbowlNY:
John Catsimatidis Submits Daily News Bid