I'm sure it's a chapter in the paper's history they're glad to have behind them.
More Quotes from John Morton:
An early victim would be the Philadelphia Daily News, no matter who acquires the company. It's much more profitable to publish one newspaper than two in the same market. It's a kind of miracle Knight Ridder kept it going this long.John Morton
It was a perfect target Tony Ridder has known this for years and that's why he was pounding for the need to improve profitability. His worst nightmare came true.
John Morton
There are only so many growth markets. As concentration of ownership goes forward, you'll see future acquisitions of newspaper chains go pretty much the way this one did The buyer will keep the growth markets and discard the rest.
John Morton
A head-to-head between tabloids is as New York as cheesecake. Fortunately we have two owners who are willing to sink their money into it. It would be a terrible thing if it went away, and as a newspaper lover, I hope they just keep doing it.
John Morton
But a bricks-and-mortar office can boost reader loyalty. A local presence in the form of a bureau or some kind of office is part of the newspaper company's image, ... You are taking away something that people are accustomed to.
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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