After 80 years of operation the only daily newspaper in Kamloops is ceasing operations.
Glacier Media announced Monday morning the Kamloops Daily News will roll off the press for the final time within the next 60 days.
According to a story in the newspaper Monday morning the reason for the closure is purely one of economics.
Revenues have declined and the company has not been able to reduce expenses enough to continue.
“Personally I am very saddened to make this announcement,” says Daily News publisher Tim Shoults. “We have struggled for the last several years, worked tirelessly and taken many difficult steps along the way which were designed to ensure our future. Unfortunately the realities of our industry, our local advertising market and our labour situation were too great for us to overcome.
“We recognize that this decision severely affects our staff and their families and our hearts go out to them as they deal with the shock and loss this decision creates. We are offering our staff counseling on site at the Daily News if they wish to take advantage of it."
The closure means the loss of 50 jobs at the paper.
Kelly Hall, publisher of Kamloops This Week, says he takes no pleasure in the downfall of a competitor.
"It's not a happy day. We've got some tremendous journalists down at the daily," says Hall.
"They've got some tremendous employees that have put a lot of time, energy and sacrifice into making their product a product that is serving the community."
Kamloops City Councillor, Pat Wallace, says the reporters at the Daily News have always been top-notch.
"And, they've been good participants within the city. I think the loss of those jobs is quite devastating, not only to the people that are losing them, but to the community at large," says Wallace.
Glacier Media publishes 83 newspapers in Western Canada including 32 in BC. Seven of those are daily newspapers in Fort St. John, Dawson Creek, Victoria, Nanaimo, Port Alberni, Prince George and Kamloops.