Some Clipping at the Newspapers

Katharine Q. Seeelye:

“The basic newspaper, when you take out the Internet and all the other targeted publications that people are starting, is just not growing,” said P. Anthony Ridder, chairman and chief executive of Knight Ridder, which owns The Inquirer. “Newsprint costs are up significantly. Wages and health benefits are up. So you have the cost pressure on the one hand and the lack of revenue growth on the other. That’s really the problem, and everyone is having essentially the same problem.”