Milwaukee Journal Sentinel Inter-County Leader, a
weekly founded in 1933, has 225 stockholders and no debt. In good years, reports
Bill Glauber, the co-op would pay up to 8% patronage dividends to the shareholders, with employees enjoying profit sharing on top of their regular salaries. Patronage dividends and profit sharing have both declined to 4% or less the last two years, says co-op manager
Doug Panek. "This has been a struggle every month."