Waycross Journal-Herald ceases publication
The 105-year-old Waycross (Ga.) Journal-Herald published its last edition on Monday.
Roger Williams, whose family has owned the newspaper since his grandfather, Jack Williams Sr., bought it in 1916, said his brother, sister and other stockholders had no choice other than to exhaust their personal funds to continue publication.
Williams, the publisher and principal stockholder, said he gathered the employees Friday and told them of the decision.
"We told them what the situation was. I hate it, but we didn't have any recourse,'' Williams said.
Williams said the financial status of newspapers has changed rapidly and that it is especially hard for an independent publication to survive downturns in the economy. During the recession, revenues flagged. And although the economy has come back, the revenue stream never fully recovered, he said.
The closure of the newspaper leaves Waycross and Ware County without a legal organ to publish matters as required by law.
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