The Company uses newsprint as the primary material for publishing newspapers. It has a Paper Supply Agreement with Gannett Supply Corporation, a newsprint broker and the sole supplier of newsprint from designated suppliers at market-based prices until August 2025, with options for renewal. This agreement provides access to multiple mills at competitive pricing. In 2024, the Company consumed 4,850 metric tons of newsprint at an average cost of $646 per metric ton, compared to 6,658 metric tons at $779 per metric ton in 2023. The Company's printing facility is located in Plano, Texas, with a new leased facility expected to become operational in 2025. Distribution of printed products is managed by third-party distributors, with challenges noted in retaining carriers and potential risks if third-party providers encounter financial difficulties or terminate relationships.
Dallasnews's Comment on Supply Chain
The Company uses newsprint as the primary material for publishing newspapers. It has a Paper Supply Agreement with Gannett Supply Corporation, a newsprint broker and the sole supplier of newsprint from designated suppliers at market-based prices until August 2025, with options for renewal. This agreement provides access to multiple mills at competitive pricing. In 2024, the Company consumed 4,850 metric tons of newsprint at an average cost of $646 per metric ton, compared to 6,658 metric tons at $779 per metric ton in 2023. The Company's printing facility is located in Plano, Texas, with a new leased facility expected to become operational in 2025. Distribution of printed products is managed by third-party distributors, with challenges noted in retaining carriers and potential risks if third-party providers encounter financial difficulties or terminate relationships.
Sources:
Dallasnews Corporation's official press releases and regulatory filings; CSIMarket.com's supply-chain research; and the financial filings and press releases of other companies cited in this report.
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