The Banner’s next step
America has been suffering in the throes of the greatest economic downturn since the Great Depression of the 1930s. At the same time, the newspaper industry has struggled with revolutionary technological changes that have eroded advertising revenues. It is no wonder that a small weekly publication like the Bay State Banner would be greatly challenged by such circumstances.
With publication of the July 9, 2009, issue, the Banner announced that it would suspend publication. Reaction from the Boston community was resounding. Civic and political leaders stepped forward to help bring the Banner back, and Mayor Thomas M. Menino arranged for a bridge loan from a special fund administered by the Boston Redevelopment Authority.
Critical to the future success of the Banner is the management’s development of a plan for future operation with the guidance of Next Street Financial, a merchant bank located in Roxbury and New York. But no plan can be successful without the support and participation of Banner readers.
On Wednesday, Sept. 30, 2009, from 5:30 to 7:30 p.m., the Banner invites all those who may be interested to attend a meeting at Hibernian Hall, located at 184 Dudley Street in Roxbury, to hear a report on “the next steps” for the Banner. Those interested in coming should e-mail sandraATbannerpub.com by Monday, Sept. 28, so that we can have an accurate count for the caterer.
Your support will determine whether the Banner continues to serve as the voice of Boston’s African American community.
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