Knight Ridder Alumni Concerned About McClatchy Sellng Dozen Papers

By: E&P Staff

A large group of well-known former top editors and reporters at Knight Ridder papers have weighed in on the possible sale of the company in recent weeks, raising concerns about the future of quality journalism. James Naughton, who has been a spokesman for this group, sent the following statement to E&P this morning.

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We’re pleased that Knight Ridder chose McClatchy as the successful
bidder for the company, but dismayed that McClatchy has said it will
put growth markets ahead of community responsibility.

Give Tony Ridder credit. When his back was to the wall, he opted to
turn his company over to another company with a reputation for
quality journalism.

Knight Ridder alumni wish McClatchy well and we would be glad to
offer counsel, support and whatever assistance might be useful as
McClatchy digests the news organizations to which we gave our careers.

We particularly would welcome an opportunity to encourage McClatchy
to reexamine its intention to jettison 12 of the newspapers it is
acquiring. McClatchy’s reputation would be enhanced by retaining
newspapers which may not produce margins as high as McClatchy
historically has produced but which are vital to their communities.

We look forward to a bright future for news companies that treat
their audiences with intelligence and respect.

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