Daytona beach news journal12/8/2022 SMT fell more than $130,000 in rent to the News-Journal Center and the Seaside operation has since folded. announced its workforce was down to 587.Ĭox wanted Hopson retained by the court to have direct oversight over all of the News-Journal's fiscal matters after the 11th Circuit Court of Appeals for a second time earlier this year denied the News-Journal's challenge of the $129 million judgment in Cox's favor.Ĭircuit Judge Robert Antoon said the News-Journal "willfully violated" his court order not to provide funding for any of the Davidson family's pet cultural projects after litigation commenced, including $780,000 for the Seaside Music Theater. # Near summer's end, the paper cut 41 more jobs and the following day announced 23 others, including positions at its Pennysaver operations. The News-Journal also closed its bureaus in DeLand, Deltona and Bunnell and let go of 99 employees. # The News-Journal closed its New Smyrna Beach-Canal Street bureau in June, ceasing publication of its regional supplement, The Daily Journal. The News-Journal is responsible for Hopson's salary and compensation. DAYTONA BEACH NEWS JOURNAL PLUSThe News-Journal is owned by the Davidson family, which built the News-Journal Center, with the help of public funds to house its Seaside Music Theater operations.Īn outside receiver, James Hopson, was brought in at Cox's request through the court at a daily salary of $2,000 plus expenses to prepare it for ownership change. Cox wanted out because the Daytona Beach newspaper spent $13 million in naming rights for the News-Journal Center, a $29 million lively arts facility on Beach Street. DAYTONA BEACH NEWS JOURNAL SERIESThe News-Journal was put up for sale earlier this year after losing a series of appeals of a $129 million civil verdict in federal court to its minority partner, Cox Enterprises of Atlanta over the worth of its stocks. There was no mention of the price increase in the Sunday or Monday newspaper editions. This increase does not include the Sunday edition." The announcement was addressed "attention customers" and stated: Effective Monday, November 24th, the Daytona Beach News-Journal daily edition price will increase to $.75. An announcements was posted with sales racks throughout Southeast Volusia with this morning's delivery. NEW SMYRNA BEACH - The Daytona Beach News-Journal raised the price of its daily newspaper by a quarter, from.
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