By April 2007, "The Orange County Register" had made additional staff cuts to help maintain shareholder profit, which had averaged more than 20 percent annually in the preceding five years. Since the launch of the "OC Post" in 2006, OCRC has cut the "Register's" editorial staff by 10 percent, eliminated its 3% holiday bonuses for editorial staff. and postponed pay raises to editorial staff, which had averaged 3 percent annually, for six months. In September 2007, Terry Horne replaced N. Christian Anderson III as publisher.