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The Sacramento Business Journal (Free subscription) | yesterday
... executive, and we can’t thank him enough for all his leadership and distinguished service,” Gary Pruitt, McClatchy chairman and chief executive officer, said in a news release. “Howard wholeheartedly embraced the digital age and saw an important place in it for McClatchy journalism, McClatchy values and McClatchy’s public service mission.”Pruitt has worked closed with Weaver...
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PR News Wire (Free subscription) | yesterday
SACRAMENTO, Calif. /PRNewswire-FirstCall/ -- Howard Weaver, the vice president of news at The McClatchy Company (NYSE: ) who twice led the Anchorage Daily News to Pulitzer Prize gold medals for public service, has announced his retirement at the end of the year."Howard really has been a visionary executive, and we can't thank him enough for all his leadership and distinguished service," said Gary...
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Gawker (Free subscription) | 17/11/2008
... in the power of quality journalism and newspaper websites sounds an awful lot like McClatchy chief Gary Pruitt's iconoclastic (and now-ironic) defense of the industry back in 2006, :Newspapers are still among the best media businesses... no competitor in local markets has held onto audience as well as newspapers have...We certainly have competition from Google and others. But in each...
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Reflections of a Newsosaur (Free subscription) | 24/10/2008
The formidable problems of the newspaper industry won’t get solved if industry leaders substitute voodoo economics for rational discourse. So, let’s dispense with some of the bad juju we have heard in the last couple of days. Voodoo Economics 101 Not once, not twice but five times, Gary Pruitt, the chief executive at the McClatchy Co., told stock analysts that the sagging sales and profits...
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E - Editors Weblog (Free subscription) | 23/10/2008
According to PaidContent, although ad revenue is down 19 percent and interest expenses on $2.1 billion of debt, newspaper companies are still profitable. McClatchy CEO Gary Pruitt believes that ad revenue declines are cyclical and newspapers will not go...
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Paidcontent (Free subscription) | 21/10/2008
[In progress] The real estate downturn has had wider effect on The McClatchy Company's ( NYSE: MNI ) ad revenues apart from just lower classified revenues. As chairman and CEO Gary Pruitt explained at the start of the company's Q3 conference call, anything related to purchases for the home, such as furniture and department stores, all pulled back on advertising. Nothing that the ad market...
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Mediabuyerplanner (Free subscription) | 22/10/2008
McClatchy said that in its most recent deal, the company has gotten a rate reduction from the AP, Editor & Publisher. “That doesn’t mean all our editors are pleased with AP or that we don’t have issues with AP, but we don’t plan at this point to give notice,” chairman and CEO Gary Pruitt told analysts today during a conference call to discuss its report.
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Sacramento Bee (Free subscription) | 22/10/2008
... decline McClatchy has reported this year."Looking forward, the advertising climate is weak," said Gary Pruitt, McClatchy's chairman and chief executive. He warned, as he has in the past, that conditions could worsen before they improve.McClatchy's net income totaled $4.2 million, or 5 cents a share, including a host of one-time gains and losses. That compared with a year-ago loss...
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SeekingAlpha Media Stocks (Free subscription) | 22/10/2008
The McClatchy Company ()F3Q08 Earnings CallOctober 21, 2008 12:00 pm ETExecutivesElaine Lintecum - TreasurerGary B. Pruitt - Chairman of the Board, President, Chief Executive OfficerPatrick J. Talamantes - Chief Financial Officer, Vice President - FinanceChristian A. Hendricks - Vice President - Interactive MediaRobert J. Weil - Vice President - OperationsFrank Whittaker - Vice President...
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The St Louis Business Journal (Free subscription) | 22/10/2008
The advertising environment “continues to be weak and we expect print adverting revenues to continue to be down. Thus far in October, advertising revenues are tracking similarly to September,” McClatchy chairman and chief executive officer Gary Pruitt said in a news release.
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The Sacramento Business Journal (Free subscription) | 21/10/2008
... revenues are tracking similarly to September,” McClatchy chairman and chief executive officer Gary Pruitt said in a news release.McClatchy, which owns and 29 other daily newspapers, has been hit hard by declines in ad revenue that have resulted because of competition from the Internet and other forms of media.In September, McClatchy announced a restructuring plan that is expected...
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kansascity.com (Free subscription) | 21/10/2008
... and ad spending as newspaper companies head into the normally lucrative holiday season.
Gary Pruitt, McClatchy's chairman and chief executive, said in a statement that "the advertising environment continues to be weak and we expect print advertising revenues to continue to be down. Thus far in October, advertising revenues are tracking similarly to September."
Combined...
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San Fransisco Chronicle (Free subscription) | 21/10/2008
... consumer and ad spending as newspaper companies head into the normally lucrative holiday season.Gary Pruitt, McClatchy's chairman and chief executive officer, said in a statement that "the advertising environment continues to be weak and we expect print advertising revenues to continue to be down. Thus far in October, advertising revenues are tracking similarly to September."McClatchy...
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Reuters UK (Free subscription) | 21/10/2008
... and, to a lesser extent, the secular shift in advertising to the Internet," Chief Executive Gary Pruitt said in a statement.The ad climate does not look like it will improve any time soon. So far, October ad revenue is performing similar to September, the Sacramento, California-based McClatchy said.
