Katharine Q. Seelye writes:
... The dismantling of Knight Ridder is a study of the hurdles facing publicly traded newspaper companies in a time of seismic change in the industry. The migration of readers and advertisers to the Internet, as well as rising costs and falling revenue, are threatening the financial well-being — even the very existence — of some of the industry’s most storied brand names. ¶ A review of the dynamics behind the Knight Ridder sale and the aftermath of its breakup also offers a cautionary tale: that deep cuts in expenses to satisfy Wall Street will not necessarily save a newspaper company, and may not even bring financial gains to shareholders or buyers. ...
Link: New York Times.
Thanks to Rob Paterson for the link and for an insightful "disruptive innovations" analysis of this story in The Future of Media & Public Radio - What Perspective? Link: Robert Paterson's Weblog. --Dennis