Glacier Media Group has decided to close the 83-year-old Richmond Review community newspaper.
It was announced over the publication's Twitter account this morning.
"We're sad to report that Friday will be the last edition of the Richmond Review. Thank you #RichmondBC for all your support over the years."
Bhreandain Clugston has been the paper's editor since 2000. Martin van den Hemel has been a reporter since 1994. Other editorial staff include reporter Matthew Hoekstra and sports editor Don Fennell.
Glacier is a publicly traded company based in Vancouver. It also owns the Richmond News.
Earlier, the company announced that it would be cutting the Vancouver Courier's print run from two days to one day a week. Yesterday, Courier editorial staffers Cheryl Rossi and Andrew Fleming were laid off.
Last December in a swap of several community papers, Glacier obtained the Richmond Review, Tri-City News, Burnaby NewsLeader, and New Westminster NewsLeader from Black Press.
In return, the privately owned Black Press took ownership of the Surrey Now, Langley Advance, and Maple Ridge Times.
The deal lessened competition by giving Glacier a community-newspaper monopoly over the western part of the Lower Mainland and Black Press a monopoly in eastern suburbs of Vancouver.
That exchange followed an earlier swap in October 2013 giving Glacier a monopoly over community newspapers on the North Shore and Vancouver and Black Press a monopoly in Chilliwack and Abbotsford.
In 2013, the Media Union of B.C. announced that Glacier was contracting out advertising production to a company that does this work in the Philippines and India. According to the union, it resulted in the loss of more than 15 of its members' jobs.
Glacier remains profitable, recording $4.55 million in net income on revenues of $56.07 million in the first quarter of 2015.