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Articles tagged Saint Paul Pioneer Press (5)

Former Denver Post owner Dean Singleton is upset that the paper he built “has been totally gutted of news coverage…It is breaking my heart.” Meanwhile, the current owners plan still another round of cuts — and consider killing editorial pages entirely.
Digital First Media’s financials — revealed here — show how the company has ridden its deep cuts to nearly $160 million in profits and the highest margins in the business.
Newspapers were, for decades, a prime example of a community institution, meant to last through the centuries. A new generation of owners is thinking of them more as something to milk for profit on their way down.
For interested buyers looking at the numbers of Tribune newspapers, one bright spot will stand out: the price.
March 3, 2011