Moore brought with him extraordinary enthusiasm for dogged reporting and excellent writing. His spur led The Post to top prizes for reporting and photojournalism, even as the newsroom shrank and the paper began transforming to meet the expectations of an audience that increasingly demands its news in digital form.
The Cannabist, The Post’s digital news site devoted to covering marijuana in Colorado and the world, drew 575,000 unique visitors — 415,000 of them on mobile — continuing its aggressive growth. That total audience was an 83.6 percent increase since August 2015, when comScore first began tracking the site. About 64 percent of its audience is between the ages of 18 and 34, and 88 percent of it between 18 and 49.
What drove the DFM purchase isn’t growth, though, it’s cost consolidation – the same principle underlying that failed Tribune Publishing bid. DFM believes it can wring at least $10 million a year, and probably more, out of its cost consolidating efforts in greater L.A. For both companies, and indeed for the daily newspaper industry overall, cost consolidation remains the cutting edge of maintaining earnings.
At DFM’s Denver Post ... word is emerging that as many as 30 positions could be cut, leaving a newsroom with about 85-90 people. The drivers, those in Denver say: both the continuing down ad economy and funds gained that could help pay for the Register and Press Enterprise purchase. It is owner Alden Global Capital, the NYC-based private equity firm that drives DFM strategy, including acquisition. Alden almost sold DFM last year, but now focuses on profit maximization.
WD is the first job in a long time that I feel sad about leaving because they allowed me to do some great work, the editors and reporters were focused on the right things and overall it was a great experience. I wasn't looking to move but they made me an offer that would have been impossible to refuse.