He has most of the dailies that now surround San Francisco proper and this only enlarges his presence in the area. With the California properties, Singleton has more of a motive than other folks to pay a higher price because it would enhance what he already owns.
More Quotes from John Morton:
When Tribune acquired Times Mirror they acquired papers with much lower operating profits than Tribune papers have traditionally thrown off. The L.A. Times has a larger staff than is typical for that size of paper. They've been trying to address that without appearing to be a slash-and-burn company.John Morton
These newspapers generally have by industry standards fairly fat news staffs, so generally the layoffs are not draconian,
John Morton
Let's just say you didn't want to make Ramon Ramos mad. Ramon had your back.
John Morton
This is in response to fairly weak advertising performance,
John Morton
I used to think in the good old days, all a newspaper had to do to attract circulation was to put out a better newspaper. But young people don't seem any more inclined to read a good newspaper than a bad one.
John Morton
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Based on Topics: Property QuotesBased on Keywords: dailies, enlarges, singleton
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