Olney Times is a newspaper in Philadelphia, Pennsylvania, USA covering local news, sports, business, jobs, and community events. In December 2008, the Journal Register Company shut down the Olney Times, both in print and online. A weekly newspaper, the Olney Times had a circulation of 21,000 copies. Publisher J. Wesley Rowe Jr. cited the struggling economy and an unsuccessful attempt by the company to sell the newspaper as the reasons for the shut down. This newspaper is owned by Journal Register Company.
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Mondo Times editors Boulder, Colorado USA | Posted at 12:23am on Tuesday, January 6th, 2009 | On December 13, 2008, the Philadelphia Daily News reported that the Olney Times, along with the Northeast News Gleaner and the Northeast Breeze, would shut down immediately:
"Without so much as a word of warning to their readers or employees, the Journal Register Co. on Thursday closed three longtime community newspapers in Philadelphia.
Staffers of the Olney Times, News Gleaner and Northeast Breeze were told all three weekly publications were going to be shut down immediately during an impromptu morning meeting, said Stuart London, the News Gleaner's sports editor.
London said publisher J. Wesley Rowe Jr. cited the struggling economy and an unsuccessful attempt by the Journal Register Co. to sell the papers when he delivered the grim news.
Journal Register Co. officials could not be reached for comment yesterday on the decision to close the papers.
Employees were aware of the Yardley, Pa.-based newspaper company's larger financial struggles. A month ago, the company - saddled with $650 million in debt and a forbearance agreement with its lenders - announced it would shutter two of its papers in Connecticut if buyers don't emerge by Jan. 12.
Still, Thursday's announcement of the Philadelphia closures came as a shock. No one realized the papers had been for sale or in danger of perishing.
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