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Articles tagged Kirk Davis (7)

What was once expected to be $200 million in annual cost savings has now grown to $400 million or more. But how much blood is left to be drawn from this stone?
A combined GannHouse (Gatenett?) would own 1 out of every 6 daily newspapers in America. The goal? Buy two or three more years to figure out how to make money in digital.
“Content is our number-one priority,” Reed said. But he’s unwilling to publicly commit to any new level of funding or staffing to meet that goal.
The company — a giant bet on acquisition, consolidation, and cost-cutting — now owns more than 1 out of 10 American daily newspapers. What it plans to do with them remains unclear.
A leadership void in newspaper companies has opened up local journalism further to private equity firms looking to vacuum out profits.
As single-minded, profit-driven management drives down the local news business, where is its moral center — the one that long rested, if sometimes uncomfortably, alongside the demands of running a successful business?
“We could use Sunday print to boost us into the stratosphere, to get us into a stable orbit where we can launch other things.”