According to the story in today's Beacon Journal by Knight-Ridder Newspapers reporters Chris O'Brien and Pete Carey, the chain's worst-performing newspapers are the two Philadelphia papers, the St. Paul Pioneer Press and -- the interesting part -- the San Jose Mercury News. Maybe San Jose, KR's flagship paper after John Knight's Miami Herald was pushed aside, can't afford to absorb any more Tony Ridder yachts?
Typically, business analysts figure the way to more profits is to lay off enough people to hit the dollar increase you want. Which makes today's newspapers, unfortunately, no different than a widget-making company.
Sad. And scary. The media as another widget hardly does much to create an informed citizenry.
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