Hilary and Art are both pretty young, they were just promoted, and this was their big chance after waiting in the wings. Now it's being pulled out from under them.
Doug Arthur
chance art wings waiting young big pretty
You can see the argument around the potential revenue from international editions not being sufficient, when compared to just putting the magazine up on the Internet. It is easy to cut back when the print editions don't give the biggest bang for the buck.
internet potential easy argument print give
She has been a pretty strong presence at the company for a long time, and was obviously a big driver in the launch of Weekend Edition. The fact that she's leaving by mutual agreement indicates that the board is becoming more active, and is willing to make tougher decisions.
time leaving decisions strong company fact presence active big pretty agreement
Nobody in the newspaper business has raised guidance in a long time. And let's face it, the shorts got squeezed, too.
time business guidance face newspaper
It's a drop in the bucket. It's only meaningful to the extent that it doesn't support the notion that the family thinks the sale of the company is imminent.
family meaningful support company
We're in a very negative phase with the stocks right now.
negative
Gary Pruitt is the best young executive in the group. Right now, I have a hard time getting institutional investors interested in McClatchy, frankly. But with this merger, McClatchy becomes the most interesting name in the group. It goes from an interesting little niche story to a major story.
time interesting story niche hard young
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