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PHILADELPHIA (AP) - Newspaper publisher Journal Register Co. said Monday that it is exploring the sale of 26 Massachusetts and Rhode Island publications due to slower growth and because it wants to focus on its more profitable online ventures.
The Yardley, Pa.-based company, which owns 393 papers, including the New Haven (Ct.) Register, called the newspaper market "extremely challenging" and said its online operations generate a higher return on capital, profits and cash flow.
Among the Journal Register papers that could be sold are The Herald News in Fall River, Mass.; the Taunton Daily Gazette in Taunton, Mass.; The Call in Woonsocket, R.I.; The Times in Pawtucket, R.I.; and the Kent County Daily Times in West Warwick, R.I.
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