Gannett (NYSE: GCI) flagship USA Today plans to cease publishing its international edition next month, unless it can find willing partners in Europe and South America who would agree to take over operating it, AP reported. USAT has a similar arrangement in the Caribbean, where the paper offers its news and photos to partners who print it locally and sell their own ads. In return, USAT receives a licensing fee.

SEE ALSO: Gannett Will Shut Tucson Citizen If Assets Not Sold By Mar. 21

USAT and its parent have been scrambling in recent weeks to meet cost-cutting demands as the economic pressures that were already weighing heavily on the newspaper industry have only gotten more severe. Last week, the company said it would close the Tucson Citizen on March 21 if it can’t sell the afternoon paper. A few days before that, Gannett announced a week-long furlough without pay for its non-union employees during Q1 and a pay freeze for USAT staffers. Meanwhile, observers are still waiting to see if Gannett takes the big cost-savings step of reconsidering its $1.60 dividend, which pays a significant 20 percent yield.