When the Yardley, Pa.-based Journal Register threatened to close two of its newspapers, The Bristol Press and The Herald of New Britain, a group of Connecticut legislators sprang into action to try to save them. They never got that far.
Michael E. Schroeder has agreed to buy them without government aid (though he has a silent investor). A former Newsday exec and briefly the publisher of BostonNOW, a free commuter daily that folded last April, Schroeder told Editor & Publisher he plans to move from Long Island to an apartment near his new projects.
“I believe you have to be part of the community you are serving,” said Schroeder. “You can’t phone it in.”
He added that the papers may have suffered because their owners were located in another state. “I don’t think that their head was in the game,” Schroeder told E&P.
