Former AAS editor joins Public Strategies Jul 9, 2009
He also served as the Washington bureau chief for Knight Ridder Newspapers and was chairman of the Pulitzer Prize Board last year. We are so pleased to have Rich Oppel on board, said Dan Bartlett, president and CEO of Public Strategies. (Austin Business Journal, TX)
News Stories Jul 1, 2009
- Knight Ridder Newspapers via Yahoo ... - Knight Ridder Newspapers via Yahoo ... - Knight Ridder Newspapers via Yahoo. (Yahoo News -- Pope John Paul II)
Miami Herald land deal extended again Jul 1, 2009
McClatchy took over the deal when it purchased Knight Ridder in 2006. Martin made a deal with Siffin to flip the contract to Citisquare for $230 million. (South Florida Business Journal, FL)
Financial crisis coverage dominates Loeb Awards Jun 30, 2009
The Miami Herald, another former Knight Ridder publication now owned by McClatchy, was recognized in the medium and small newspapers category for "Borrowers Betrayed," which chronicled Florida's failure to prevent convicted felons from working in the state's mortgage industry and bilking lenders and borrowers out of millions of dollars. The awards come at a time when many newspaper publishers have been struggling with a sharp drop in their main source of revenue - advertising - as more readers... (Anchorage Daily News)
War zones - from Afghanistan to East Oakland Jun 28, 2009
Huda Ahmed is an Iraqi who served as a special correspondent and translator for the Washington Post and the former Knight Ridder newspapers in Baghdad. She is a UC Berkeley journalism student, currently completing an internship at WBUR, an NPR affiliate station in Boston. (San Francisco Chronicle -- Opinion)
Forum: Obama's team killing dream of change Jun 23, 2009
Joseph L. Galloway is a military columnist for McClatchy Newspapers and a former senior military correspondent for Knight Ridder Newspapers; he is co-author of the national best-seller "We Were Soldiers Once ... and Young." Write him at P.O. Box 399, Bayside, TX 78340. Originally published in the Athens Banner-Herald on Tuesday, June 23, 2009. (Athens Banner-Herald)
Barack Obama, we hardly know ye Jun 22, 2009
Galloway is a military columnist for McClatchy Newspapers and a former senior military correspondent for Knight Ridder. Contact him at: P.O. Box 399, Bayside, Texas 78340. (Herald Online, SC -- Opinion)
Meet the panelists Jun 18, 2009
Before that, she reported for Reuters and Knight-Ridder Financial News in the futures trading pits of Chicago. Romans is a graduate of Iowa State University. (CNN -- US)
As the Globe Turns Jun 16, 2009
In the same AJR column, Morton slathered praise both on the Knight Ridder chain for having grabbed four newspapers owned by the Disney Co. for $1 ... McClatchy, run by Gary Pruitt, one of the most highly regarded executives in the business, went on to buy Knight Ridder and sell a couple of its titles. (Slate)
Former 'Chronicle' GM dies at age 77 May 31, 2009
Mr. Carter left The Observer in 1973 to become an executive at another Knight-Ridder newspaper, The Miami Herald. In addition to his wife, Susan, Mr. Carter is survived by daughters Anne Carter Hillas and Mary Carter Dewing; son Beverly Randolph Carter IV; and stepchildren Michael Ross Gelsanliter, Wendy Gelsanliter, Thomas Cummings Gelsanliter and Sarah Gelsanliter Risi. (The Augusta Chronicle)
Credit Rater Fitch: Thumbs Down on McClatchy Debt Exchange May 24, 2009
1 billion in debt, mostly amassed to make the blockbuster acquisition of Knight Ridder in 2006. Because ad revenue is falling industrywide, McClatchy has been unable to pay down that debt as rapidly as it would like, and some credit analysts have said the chain might violate terms of its loan agreements as early as 2010, putting it in at least technical default. (MediaWeek.com)
Longtime 'Times-Leader' Production Director Tom Norton Dies at 76 May 24, 2009
Connor, who also is part-owner of the daily (which bounced from Capital Cities to Disney, Knight Ridder, and McClatchy ownership), was put in charge of the paper shortly after the strike began. "At one time or another all the Nortons worked at the Times Leader," Connor told his paper. (MediaWeek.com)
McClatchy Wants More Wiggle Room Under Debt May 22, 2009
McClatchy took on most of its debt in 2006 when it bought Knight Ridder. McClatchy executives have publicly insisted the company will survive and thrive. (KCRA 3, CA)
Kindle DX Ressurrects `Crazy Idea' Knight Ridder Abandoned 14 Years Ago May 13, 2009
Amazons Kindle DX Resurrects Crazy Idea From Knight Ridder - Bloomberg ... Amazons Kindle DX Resurrects Crazy Idea From Knight Ridder ... In 1992, Knight Ridder Inc. set employees to work at a lab in Boulder, Colorado, to create its own portable newspaper-reading device to boost readership and revenue. (Bloomberg)
Philadelphia Newspapers Plant Supervisor Dies at 64 May 9, 2009
Seven years later, he became business agent the pressmen's union, and in 1989, as Council of Newspaper Unions president, he represented 10 locals in negotiations with Philadelphia Newspapers Inc., the Knight Ridder unit that owned the Inquirer and Daily News. Agreement was reached on the 1989 contract five months before the existing contract expired. (MediaWeek.com)
McClatchy faces NYSE delisting Apr 28, 2009
The chain has been poisoned by a toxic mix of factors immense debt from McClatchy s purchase of Knight-Ridder a couple of years ago, the flight of readers and advertisers from daily newspapers to the Internet and a severe recession. McClatchy said its salary reductions would include a 15 percent cut in Chief Executive Gary Pruitt s base salary. (Triad Business Journal, NC)
Former editor arrested again on drug charges Apr 17, 2009
He was replaced after publisher Dave Price sold the paper to Knight Ridder in 2005. In the summer of 2008, Bothun began working as a reporter for Price's new publication, the Daily Post. (Palo Alto Online, CA)
Southern Lithoplate Expands, Renames CtP Alliance Apr 14, 2009
"Print has a unique opportunity to be the key component of a multimedia communications strategy." Holzkamp has served in various senior management roles for Knight Ridder, Gannett, and Freedom Communications. "Now is the perfect time to take the next step and broaden the partnership to include even more capabilities for our customers," Southern Lithoplate Sales and Marketing Vice President Steve Mattingly said. (MediaWeek.com)
Study Co-Authored by CoStar Group Executives Wins Prestigious Academic Real Estate Award From American Real Estate Society Apr 9, 2009
D., Director of Real Estate Programs, Associate Professor and Knight-Ridder Research Fellow at Florida International University. If we look 10 years down the road, we will see that green buildings become the norm in commercial real estate with other non-green buildings suffering from functional obsolescence. (Primezone Releases)
Nonprofits leverage star power as they vie for federal funds Apr 7, 2009
Davis said local support for the arts began to wane with the sale of San Jose-based media giant Knight-Ridder Inc. in 2006. The company had made $2 million in annual contributions to nonprofit organizations. (San Jose Business Journal, CA)
Democracy's Cheat Sheet? Mar 28, 2009
Many in this orbit blame the press for not spotting our current financial predicament early enough and also believe that every reporter outside of the old Knight Ridder Washington bureau was complicit in the criminal conspiracy that made George W. Bush's invasion of Iraq possible. Bill Moyers encapsulated their view two years ago when he argued the notion "that the dominant institutions of the press are guardians of democracy. They actually work to keep reality from us, whether it's the truth of... (Slate)
News & Observer to cut jobs, workers' salaries Mar 17, 2009
In McClatchy s case, those problems are exacerbated because the company took on billions of debt when it bought newspaper chain Knight Ridder in 2006. Since last May, The N&O has cut hundreds of jobs, shut offices, eliminated content that included the freestanding business section, and consolidated its sports and feature staffs with those of The Charlotte Observer. (Raleigh Triangle Business Journal, NC)
News & Observer to cut 11% of work force Mar 17, 2009
The chain has been facing a number of obstacles, including debt from its purchase of Knight-Ridder a couple of years ago, the flight of readers and advertisers from daily newspapers to the Internet and the severe recession. Reader Comments. (Charlotte Business Journal, NC)
'Seattle Times' still standing, but for how long? Mar 14, 2009
5 percent stake when it bought the Knight Ridder chain in 2006. However, the Times has historically frozen the minority owner out of the newspaper's operations, and McClatchy would likely demand more power in return for cash, even if it had any to spare amid its own struggles with debt. (AZCentral -- News)
Fresno Bee to lay off 63 employees Mar 13, 2009
While still profitable, the company faces not only declining revenue but heavy debt from its 2006 acquisition of Knight Ridder Inc.. McClatchy said Monday it would cut about 15% of its work force, or about 1,600 full-time jobs, nationwide. (Fresno Bee)
McClatchy to cut 1,600 jobs Mar 11, 2009
McClatchy, whose papers include The Miami Herald, Sacramento Bee and Anchorage Daily News, has been under pressure to cut costs to meet heavy debt payments from its purchase of newspaper chain Knight Ridder Inc in 2006. The job cuts will be achieved through severance programs, attrition and further consolidations and outsourcing of some business functions, the company said. (India Times)
Sacramento Bee staffers approve pay cuts Mar 8, 2009
Besides seeing ad revenue plunge, McClatchy has been hobbled by some $2 billion in debt remaining from its 2006 purchase of the Knight Ridder newspaper chain. Employees at another major Northern California newspaper also face a difficult decision in the days ahead. (Fresno Bee -- Business)
McClatchy newspaper cutting 12% of staff Mar 6, 2009
McClatchy (NYSE: MNI) is dealing with declining ad revenue and debt from its purchase of Knight Ridder in 2006. The company is looking to cut costs by $110 million over the next year through a combination of layoffs and other efforts. (Sacramento Business Journal, CA)
McClatchy may not get $5.3M owed by newspapers Mar 4, 2009
04 billion as of the end of 2008, stemming mainly from its 2006 acquisition of the Knight Ridder newspaper chain. The company has said it plans deep cost cuts this year, hoping to save between $100 million to $110 million, and has slashed its dividend 90 percent. (Fresno Bee -- Business)
McClatchy shares dip lower Mar 4, 2009
McClatchy, which owns The Sacramento Bee and other newspapers, is dealing with declining ad revenue and debt from its purchase of Knight Ridder in 2006. The company is looking to cut costs by $110 million over the next year through a combination of layoffs and other efforts. (Sacramento Business Journal, CA)
The Bee holds meeting to discuss cuts Feb 28, 2009
Sacramento-based McClatchy, publisher of 30 daily newspapers, is carrying about $2 billion in debt from its 2006 acquisition of the Knight Ridder newspaper chain. Reader Comments. (Sacramento Business Journal, CA)
John S. and James L. Knight Foundation funding green jobs training in Phila. Feb 28, 2009
Knight Ridder Inc., the defunct company that evolved out of their business efforts, once owned the Philadelphia Inquirer and Daily News. is a Philadelphia-based nonprofit that helps people save energy and works to promote a sustainable and socially equitable future. (Philadelphia Business Journal, PA)
Phila. Inquirer, Daily News owner files for bankruptcy protection Feb 24, 2009
The Inquirer and Daily News had been part of the Knight-Ridder chain that McClatchy bought. McClatchy resold the Philadelphia papers, saying they did not fit its strategy. (Philadelphia Business Journal, PA)
Pennsylvania Newspaper Bankruptcies Signal More Trouble Ahead Feb 23, 2009
The newspapers were among 12 former Knight Ridder Inc. newspapers that Sacramento, California-based McClatchy Co. sold after acquiring the chain in June 2006 for $4. 1 billion. (Bloomberg)
The New Hybrids Feb 22, 2009
When the old newspapers families sold out, it was usually to less sentimental concerns such as Gannett, Knight-Ridder, and the Tribune, which sought higher profit margins. But the chains were more efficient and sometimes significantly improved the quality of the papers they bought. (Slate)
Belt-tightening in media squeezes more workers Feb 19, 2009
Pruitt, who saddled McClatchy with debt in a 2006 acquisition of papers formerly owned by Knight Ridder Inc., has already agreed to forgo his bonus for 2008 and 2009. He received an $800,000 bonus in 2007. (Anchorage Daily News)
Media General Forcing Workers To Take 10 Unpaid Days (11:54 p.m.) Feb 19, 2009
papers formerly owned by Knight Ridder Inc., has already agreed to. forgo his bonus for 2008 and 2009. (WTVR.com, VA)
Does the public have the right to know who financially supports voter initiatives? Feb 14, 2009
One statement from San Francisco Supervisor Bevan Dufty reported by Knight-Ridder sums up why unprotected religious donors will be afraid from now on: The time has come to take it out there to the people who voted for this awful thing. The Mormon church has had to rely on our tolerance in the past, to be able to express their beliefs This is a huge mistake for them. (Atlanta Journal-Constitution -- Opinion)
GM's Lutz to leave amid new crush of regulations Feb 10, 2009
Knight-Ridder Tribune. CAR GUYS: Lutz and Chrysler Chairman Lee Iacocca on June 19, 1995. (Detroit Free Press)
S&P, Fitch lower McClatchy Co. ratings Feb 8, 2009
Fitch and S&P analysts are concerned about McClatchy s ability to pay off its $2 billion-plus debt, incurred when the company bought Knight Ridder Newspapers Inc. in 2006. McClatchy (NYSE: MNI) could endure an almost 20 percent decline in revenue this year, forcing the company to miss debt payments and renegotiate deals with lenders who may balk at the proposal, according to S&P.. (Sacramento Business Journal, CA)
McClatchy to freeze pensions, suspend 401(k) match Feb 8, 2009
Much of the company s debt comes from its purchase of the Knight Ridder newspaper chain in 2006. The company paid off $30 million of debt in the fourth quarter, and $433 million for all of 2008. (Sacramento Business Journal, CA)
