Friday, March 10, 2006

Newspapers May Get Look At Future if Knight Sells

But key to the future valuation of newspapers is how fully and swiftly they embrace the Internet, said Colby Atwood, vice president of Borrell Associates Inc., a media research and consulting firm. (from the Washington Post)


"Symbolic of the woes afflicting the newspaper business, Knight Ridder put itself up for sale in November in response to pressure from shareholders to lift its stock price. Like other publishers, Knight Ridder has battled rising newsprint prices and falling circulation. Readers in recent years have migrated to other media for news, including the Internet."

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