Bankrupt
“We who actually work in the newspaper business have a direct interest in keeping newspapers healthy. But we also can see that the communities we serve rely on newspapers, not only to keep everyone informed, and to check government and corporate abuse, but also to provide a cohesiveness that our society very much needs. ... Yet many of our citizens now take it for granted, and forget how precious it really is.”—Dean Singleton, CEO, MediaNews Group,
owner of The St. Paul Pioneer Press, The Denver Post,
The Salt Lake Tribune and 51 other newspapers,
in statement to employees declaring bankruptcy,
Jan. 15, 2010
owner of The St. Paul Pioneer Press, The Denver Post,
The Salt Lake Tribune and 51 other newspapers,
in statement to employees declaring bankruptcy,
Jan. 15, 2010
(To the Wall Street Journal: “It was personally difficult for me,” Mr. Singleton said in an interview. “I’m a ranch kid from West Texas, and we don’t like the ‘B word.’”)
Related:
• Westword (online news from ex-Denver newspeople)
• Salt Lake Tribune: Banks will own newspapers
• Wall Street Journal
Editor’s Note: Tell it to your former subscribers.
.
Singleton's trying to do to AP - he's chairman of the board - what he did to hiw own newspapers, running them into the ground. Sadly, he's progressing.
ReplyDeleteHe's right. Communities will miss all the puff pieces his papers do on local advertisers, and all the national celebrity news they carry.
ReplyDeleteYes, here in Dallas-Fort Worth we watched Singleton destroy the great old Dallas Times Herald. And under his direction, the AP has become an apologist for, and proponent of, all things conservative. Do your own research. Read a half dozen AP stories and measure how much they criticize Obama. Remember, the AP, at its national convention last year, gave John McCain a standing ovation, but not Obama. I pine for the days of UPI. Go Reuters.
ReplyDelete-- jack