Newsosaur Commentary: Schneider Exit Clouds Newspaper Consortium

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By: Alan D. Mutter

The departure of Hilary Schneider at Yahoo could be a major blow to the Newspaper Consortium she founded, as well as many of the 800 newspapers that count on the partnership to boost their online revenues, E&P columnist Alan Mutter writes on his "Reflections of a Newsosaur" blog.

But the future of the consortium, which has had several ups and downs in its short life, could be endangered by the upcoming departure of Hilary Schneider, a former senior vice president at Knight Ridder who rose to the position of
executive vice president for the Americas at Yahoo.

As originally reported here by Kara Swisher at All Things D, Schneider is departing the troubled mega-portal along with two other senior managers. The company confirmed here that Schneider will be gone after a “transition period” expected to conclude by the end of the year.

Check out the full column, here.

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