Publisher and CEO of HAN Network Martin V. Hersam has announced that several of the company's newspapers will cease to operate: the Weston Forum, the Redding Pilot, the Easton Courier, Monroe Courier and the Stratford Star.
"Due to economic forces buffeting our industry we are rescaling our business again. The recent volatility of the newsprint market made our options clear,” said Martin V. Hersam. "The best efforts of our incredible staff and years of strategic planning, retooling and restructuring we could not overcome the economic realities of tepid advertising and subscriber interest in this market. We just could not sustain a publishing business here any longer,” he continued.
The company will continue to publish weekly newspapers including Darien Times, New Canaan Advertiser, Wilton Bulletin, Ridgefield Press, Milford Mirror, Trumbull Times and Shelton Herald.
In addition to the closings of the Forum, Pilot and Courier, Hersam said the Monroe Courier and the Stratford Star are being closed as well. "Unfortunately, we could not operate at a financial loss here any longer,” said Hersam.
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