SailNet Community - View Single Post - L&A Has Been Sold
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post #7 of Old 12-12-2011
canadianseamonkey
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This is terrible news to me. Bob and Jodie are the hearts of L&A and of their small empire. Just because the new owners are "yachties" doesn't mean they know the newsprint business and how expensive it actually is. Profits are small and the undertaking is huge. Pulp and paper prices are steadily increasing and advertising steadly decreasing. I'm not sure why anybody would want to get into the pubilshing game in these times. I wish them luck, but unless they have deep pockets, lots of experience and contacts, I can see L&A going under within one year.
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