The Charlotte Observer Explained

Type:Daily newspaper
Format:Broadsheet
Owners:Chatham Asset Management[1]
Editor:Rana Cash
Language:English
Circulation Date:2020
Circulation Ref:[2]
Headquarters:550 South Caldwell Street
Charlotte, North Carolina 28202
Issn:2331-7221
Oclc:9554626

The Charlotte Observer is an American newspaper serving Charlotte, North Carolina, and its metro area. The Observer was founded in 1886. it has the second-largest circulation of any newspaper in the Carolinas. It is owned by Chatham Asset Management.[3]

Overview

The Observer primarily serves Charlotte and Mecklenburg County and the surrounding counties of Iredell, Cabarrus, Union, Lancaster, York, Gaston, Catawba, and Lincoln. Home delivery service in outlying counties has declined in recent years, with delivery times growing later as the paper has outsourced circulation services outside the primary Charlotte area.

Circulation at The Charlotte Observer has been declining for many years. The period of May 2011 showed that Charlotte Observer circulation totaled 155,497 daily and 212,318 Sunday. 2017 Print Circulation Daily: 69,987 and Sunday: 106,434.[4] [5]

The newspaper has an online presence[6] and its staff also oversees a NASCAR news website,[7] and a corresponding syndicated feature, That's Racin. The Charlotte Observer also operates a food, drink and lifestyle vertical called CharlotteFive. The paper's television partner is WBTV.

The Observer offices also include editors and designers that makeup the McClatchy NewsDesk-East, which is responsible for the production of The Charlotte Observer and McClatchy newspapers from across the region.

From 1927 to 2016, The Charlotte Observer was headquartered at 600 South Tryon Street. The facility included editorial offices, management offices, advertising offices, production, plus a large printing facility with a tunnel and underground railway system to feed paper to the presses. In 2016, the editorial offices moved to the NASCAR building on South Caldwell Street. The old facility was demolished and redeveloped into office space.[8]

History

The paper was founded in 1886 as the Charlotte Chronicle. The Chronicle was sold to Joseph Caldwell in 1892, and began appearing as the Charlotte Daily Observer on March 13, 1892.[9] It was purchased by Knight Newspapers in 1955. Knight merged with Ridder Publications to form Knight Ridder in 1974.[10] The Observer eventually became the fourth-largest newspaper in the Knight Ridder chain (behind The Philadelphia Inquirer and Daily News, Detroit Free Press and Miami Herald). In 1959, The Observer purchased The Charlotte News, Charlotte's afternoon newspaper. All operations were merged except editorial content, which was fused in 1983. The Observer ended circulation of the afternoon News in 1985.McClatchy purchased most of Knight Ridder's newspapers, including The Observer, in 2006. This made The Observer a sister publication of the state's largest paper, The News & Observer of Raleigh; and of The Herald of Rock Hill, the primary newspaper for the South Carolina side of the metro area. As of spring 2008, it is the fifth-largest newspaper in the McClatchy chain (behind The Kansas City Star, Miami Herald, Sacramento Bee and Fort Worth Star-Telegram). McClatchy's share value has been in decline since the purchase. The stock has lost over 95% of its value, far worse than many remaining newspaper companies.

On February 13, 2020, The McClatchy Company and 54 affiliated companies filed for Chapter 11 bankruptcy protection in the United States District Court for the Southern District of New York. The company cited pension obligations and excessive debt as the primary reasons for the filing.[11] [12] [13]

On March 7, 2020, the Observer made the Saturday edition digital only.[14] In July 2024, the newspaper announced it will decrease the number of print editions to three a week: Wednesdays, Fridays and Sundays. The paper will also be delivered by the postal service instead of by carrier.[15]

Pulitzer Prizes

The Charlotte Observer has won five Pulitzer Prizes:

Prices

The Charlotte Observer prices are: daily, $2 and Sunday/Thanksgiving Day, $3. Price is higher outside Mecklenburg & adjacent counties/states. As of 2020, an annual digital subscription is $15.99 per month.[16]

See also

External links

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Notes and References

  1. News: McClatchy, Family-Run News Chain, Goes to Hedge Fund in Bankruptcy Sale. The New York Times. 4 August 2020. Tracy. Marc.
  2. Web site: 2021-12-13 . McClatchy Markets . 2023-04-13 . https://web.archive.org/web/20211213200447/https://www.mcclatchy.com/our-impact/markets/the-charlotte-observer/ . 2021-12-13 .
  3. News: McClatchy, Family-Run News Chain, Goes to Hedge Fund in Bankruptcy Sale. The New York Times. 4 August 2020. Tracy. Marc.
  4. Web site: The Charlotte Observer. mcclatchy.com. January 13, 2020.
  5. Web site: Total Circ for US Newspapers. March 31, 2013. Alliance for Audited Media. June 30, 2013. dead. https://archive.today/20130306175039/http://abcas3.auditedmedia.com/ecirc/newstitlesearchus.asp. March 6, 2013.
  6. Web site: Breaking News, Sports, Weather & More, The Charlotte Observer. charlotteobserver.com. January 13, 2020.
  7. Web site: ThatsRacin. thatsracin.com.
  8. Web site: Biz Columns Blogs. Charlotte Observer.
  9. Web site: NCpedia.
  10. Book: Claiborne, Jack. The Charlotte Observer. The University of North Carolina Press. 1986. 0-8078-1712-0. 251-277.
  11. Web site: Newspaper Chain McClatchy Files for Bankruptcy Protection. Ronalds-Hannon. Eliza. 2020-02-13. Bloomberg Law. 2020-02-13.
  12. News: Publisher McClatchy Co. Files For Bankruptcy, Disrupting 30 Newspapers . NPR.org . . 2020-05-10.
  13. News: Maidenberg . Micah . 13 February 2020 . Newspaper Publisher McClatchy Files for Chapter 11 Bankruptcy . The Wall Street Journal . 13 February 2020.
  14. News: Local Observer moves to digital Saturdays, with expanded Friday, Sunday print editions. Chisenhall. Sherry. The Charlotte Observer. March 1, 2020. April 12, 2020.
  15. Web site: Cash . Rana L. . July 12, 2024 . The Charlotte Observer set to change print days as digital transition evolves . July 13, 2024 . The Charlotte Observer.
  16. Web site: Charlotte Observer subscriptions. Charlotte Observer.com. January 23, 2020.