The Daily News is ceasing three-times-a-week print publication to become a weekly newspaper, publisher David Rounds announced in a staff meeting Wednesday, according to a Daily News article.
On Friday, March 20, The Daily News will morph from its current model into a weekly tabloid-size publication that will be delivered for free every Friday to most homes and targeted businesses in Palo Alto, Menlo Park and Atherton, according to the newspaper.
The publication will also be available inside the San Jose Mercury News (which owns The Daily News) and San Mateo County Times editions that go to subscribers in those cities, as well as Los Altos, Mountain View, Portola Valley, Redwood City and San Carlos. The newspaper will continue to be available in newspaper racks, and readers will still be able to visit the Palo Alto Daily News website for news coverage.
Currently the Daily News publishes print editions on Wednesday, Friday and Saturday. It also publishes digital-only editions on Tuesday and Thursday.
"I am very excited about this next stage in the evolution of The Daily News," Rounds said. "We will be tripling our reach and will focus on home delivery. The redesigned tabloid-size newspaper will provide the same quality writing and editing our readers have come to expect, and we will be tightly focused on the local news and sports that is so important to Peninsula residents."
The newspaper will also keep its name, Rounds said.
"The Daily News is a well-known and trusted brand and we will continue to call the paper The Daily News in print on Friday and everyday online," he said.
Rounds said no layoffs are tied to the changes coming to the newspaper, and the new Friday circulation of the newspaper will be 46,000 copies.
Digital First Media, the parent company of The Daily News, announced in September 2014 that it is evaluating and considering strategic alternatives that could lead to the sale of some or all of the company.
Potential buyers are still in the bidding process for more than 100 properties.
The "digital first" initiative was the brainchild of Digital First Media CEO John Patton, who has advocated for newspapers to transition from print to digital quickly.
"While our Company will continue to invest heavily in digital development, increasingly our focus will be in local where we are the news and information leader in our markets," Patton wrote on his blog in September 2014.
Digital First Media was formed in December 2013 with the merger of MediaNews Group and the former Journal Register Co. It ranks as the nation's second-largest newspaper company operating in 15 states, with more than 70 daily newspapers and 160 weeklies. The company is controlled by the New York-based hedge fund Alden Global Capital.