Clarity Media Group Chief Executive Officer Ryan McKibben met with employees of the Baltimore Examiner this morning to inform them that after several months of unsuccessfully seeking a buyer for the newspaper, Clarity Media Group reluctantly concluded that it had to close the publication. The last edition will be published on Sunday, February 15th.
McKibben explained that a key business assumption behind launching the Baltimore Examiner was that strong revenue synergies could be developed because of its market proximity to the Washington Examiner. “Unfortunately,” according to McKibben, “ those additional revenues did not materialize to the levels we had projected.”
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