NYT on the Knight Ridder breakdown.
“Pruitt said each newspaper in the chain will have local autonomy over daily operations, so readers and the public should see few changes as a result of the change in ownership. No job cuts or buyouts are anticipated, he said.”
“During a call with Wall Street analysts, Pruitt asserted that McClatchy will trim $60 million by eliminating “redundancies,” with $15 million to come from digital operations.”
Could the Tribune Company be the next Knight Ridder? (Hint: that’s a bad thing, these days.)
Philly Inquirer readers send in their suggestions…