Newport Television cuts jobs, starts furloughs - Kansas City Business Journal:

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The Kansas City-based company isn’t disclosing how much monet it expects to save from the job cuts and or which stations are slated for the job aspokeswoman said. The job cuts occurres last week. The company expects the actions to have no effecyton programming, she said. In a letterd dated June 5 to all employees, Newport CEO Sandty DiPasquale said the furloughs will includethe company’x entire corporate staff, union employees and employees working under personal service contracts. Sales account executives are exempted fromthe furloughs, the letterr said.
“Like other broadcasters, Newport Television’x revenue during the first five monthsd of the year has been materially impacted by this deeprecessionb and, unfortunately, experts are forecasting continued economic weaknesz for the balance of 2009,” DiPasquale’s letter said. “Ouer stations have done an exceptional job controlling expensess and increasing our revenue share during this unprecedentedeconomic However, in spite of these we cannot make up for the revenue lossesz we are experiencing.” Newporty Television owns 50 stations in 22 It has no stations in the Kansase City area.