Independence has long been our chief goal at The Hoya. In order to maximize our ability to serve our readership, we need to establish ourselves as a fully autonomous news corporation. Becoming absolutely responsible for our financial situation will allow us to grow and develop as a publication in new and transformative ways.
As such, we have made critical changes over the past several years that have brought us closer to our goal. We have increased the internal and external accountability of our editors and writers. We have diversified our coverage in all content sections. In response to the national economic downturn, we restructured and professionalized our publishing division. As a result, while many newspapers are continuing to struggle with revenue problems, we are experiencing an impressive recovery in our business departments.
Independence is not, however, a move to be taken lightly. It is a transition that carries inherent risks. Because our highest purpose is to serve our readers, we cannot responsibly begin that shift until we are certain that we can absorb those risks without decreasing the quality of our product. We have progressed in recent years, but we still have the potential to improve in ways that will better equip us to become independent. Over the next year, we will continue to pursue those improvements, always keeping in mind our core mission — serving you, our readers.
Carolyn Shanahan (COL ’12)
Chair, Board of Directors
Eamon O’Connor (COL ’12)