The new paper grew to a daily circulation of 19,000 within three years but lost a lot of money in the process.The Gazette, serving Port Jervis and surrounding communities, still exists as a weekly newspaper published by the Times Herald-Record.The in-print and online redesigns were launched to coincide with bolstered local and business news coverage.News Corp. CEO and former Wall Street Journal editor Robert James Thomson indicated that the newspapers were "not strategically consistent with the emerging portfolio" of the company.[4] GateHouse in turn filed prepackaged Chapter 11 bankruptcy on September 27, 2013, to restructure its debt obligations in order to accommodate the acquisition.