DallasNews Corporation Takes Further Steps to Advance Return to Growth Strategy

May 14, 2024

https://www.globenewswire.com/news-release/2024/05/14/2881933/0/en/DallasNews-Corporation-Takes-Further-Steps-to-Advance-Return-to-Growth-Strategy.html

Relocation of North Texas Print Operations
Key Decision in the Company’s Return to Growth Plan
Dividend Suspension

DALLAS, May 14, 2024 (GLOBE NEWSWIRE) — DallasNews Corporation (Nasdaq:DALN) (the “Company”), the parent company of The Dallas Morning News, announced today a plan to relocate and optimize its print operations currently located in Plano, Texas. The Company will streamline its printing operations into a smaller, leased facility in Carrollton, Texas, and make capital investments in more efficient technology. This transition will allow The News to keep its operations in North Texas and continue to produce a seven-day print edition for the foreseeable future. The new facility is expected to be operational in early 2025, and until then, all print operations will remain in the current facility.

Read more at globenewswire.com

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