Romenesko

Wall Street Journal
"Far from shrinking, our audiences are growing steadily," says Gary Pruitt. "Simply put, more people want our products today than wanted them yesterday; this is hardly the profile of a dying industry." The McClatchy CEO says one of his favorite cartoons shows a character saying: "I've been forecasting the demise of newspapers for 30 years. If I change now I'll lose all credibility."
> Pruitt recognizes the core value of newspaper-style journalism (CSM)
> McClatchy is betting newspapers won't be extinct for a long time (HC)
> Billionaire Burkle thinks newspapers still have plenty of potential (SFC)
> McClatchy stock price drop "says some people don't like the deal" (KR)
> Beacon Journal veteran fears greater focus on profit margins (ABJ)
> KR senior veep Brisbane doesn't know what he'll do next (KC Star)