Last summer, Advance Publications threatened to shut down the Newark Star-Ledger unless it received major concessions from the paper’s union. Earlier this year it said the same for the Jersey Journal.

Now an Advance newspaper is closing, only it’s not the money-losing Star-Ledger or Journal. It’s the money-losing Ann Arbor (Mich.) News.

The paper will shut down on July 1 and relaunch later this year as a web publication under the auspices of AnnArbor.com LLC, which plans to print two weekly editions as well.

All 272 News employees will lose their jobs, though they can apply for new positions at the new company.

The News, which has a circulation of 45,000, has been operating in the red, losing up to $8 million last year, according to reports. That prompted the decision to close by parent company Advance, which is owned by the Newhouses, as it battles economic woes at its other newspapers as well.

The company yesterday said that it will require a 10-day furlough for many newspaper employees outside of Michigan. The chain’s biggest papers include the Cleveland Plain Dealer, Portland Oregonian, New Orleans Times-Picayune, Harrisburg (Pa.) Patriot-News and Staten Island (N.Y.) Advance, as well as the Star-Ledger.

In addition to shutting down the News, the company will stop publishing daily papers in Michigan’s Flint, Bay City and Saginaw, where staffs will be combined to put out three papers per week.

The News shutdown is just the latest gloomy news for the newspaper business, which has already seen two larger metro dailies fold over the past month. E.W. Scripps’ Rocky Mountain News went out of business after failing to find a buyer, and Hearst’s Seattle Post-Intelligencer went online-only.

Gannett’s Tucson (Ariz.) Citizen is also in danger of closing, while the Jersey Journal remains in danger of closing as well.