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Originally Posted by fatlazyless
...A big space in the Citizen's Laconia building was recently rented out as a 2-3 year temporary home for th Belknap County Court, while its' courthouse gets renovated. Does that mean Foster's is running it from their seacoast home? I don't know?..
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It is no secret down here in Dover, corporate home of Foster's/Citizen, that the organization is continuing to suffer financially from a significant loss the last decade of subscribers. Foster's has closed or severely downsized a number of its local bureau operations consolidating back here at their new building in Dover.
The Foster family are as well known down here in these parts as real estate moguls as much as they are known as journalists, and they have been having a bad luck run when it comes to a number of their development projects.
As Foster's/Citizen considers to struggle financially look for further cutbacks in their ability to cover the news, especially the further one gets from their Dover operation. Aggravating the situation further is tha ability of local freebies like the Laconia and Conway Sun to steal away advertising dollars.
Another example? The Conway Sun had stolen away enough advertising dollars and covered the news much better in the Ossipee, Tamworth and Wakefield area that about a year ago now Foster's threw in the towel and stopped much of the delivery in the area. You can't even by a Foster's in any of the local stores up that way anymore.
I concur with FLL that the locals in the towns he cites have found that they are getting a much better bang for their buck in the localized daily freebies then with the Foster's/Citizen enterprise. And I think that trend will get noticeably stronger as people seek alternative ways to get their news both locally, statewide and nationally.