Today in News: Detroit, MI — A new Detroit newspaper is set to hit the newsstands Monday.
The Detroit News is expected to hit shelves on Monday, June 16, and will have an advertising budget of $40,000 per issue, according to the publisher.
The newsmagazine is expected bring in a whopping $2 million in ad revenue, the company told FoxNews.com.
The Detroit News, which will debut in the morning, is the latest addition to the Detroit News family of publications.
In addition to its regular print edition, the new Detroit News will feature a digital edition, a digital newsletter, a video-on-demand platform and a live stream.
The new Detroit Newspaper will feature the latest in the Detroit news, entertainment, and culture.
“We’re delighted to partner with a publisher like NewsCorp, whose business model has been proven successful with our previous digital and print offerings,” Detroit News Editor-in-Chief Jason Ciarrochi said in a statement.
“The DetroitNews will be a dynamic new publication with a unique blend of sports and culture that we are excited to bring to the market.”
The New York Times also said it will debut a new digital edition on Monday.
Ciarrocha told Fox News, “We’re looking forward to bringing our best content to the digital space, and our digital news has always been the gold standard.”
According to the New York Post, the Detroit newspaper will feature an estimated $1 million in advertising revenue for the paper.
Detroit News Editor in Chief Jason Ciorrochi and Detroit News Publisher-in