As expected, 2007 is picking up right where 2006 left off in terms of feverish activity in the media and publishing spaces with a bunch of stories concerning daily newspapers all coming out this morning. The Boston Globe eliminated all of its foreign bureaus in an effort to cut costs, the L.A. Times created and [...]
I had a good conversation yesterday with a local venture capitalist about McClatchy’s recent sale of the Star Tribune to Avista Capital Partners. He made some interesting observations about the recent daily newspaper transactions in this market and posed some good questions. When McClatchy sold the St. Paul Pioneer Press acquired through the Knight-Ridder acquisition [...]