34 Quotes by Gary Pruitt
- Author Gary Pruitt
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We're a mass medium ... The best way to be relevant is to reflect the community and serve it well.
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This puts us back in the breaking news business and back into the continuous news mode.
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Newspapers are not dying. That's just wrong, and we are going to prove it wrong together.
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Newspapers are holding on to their national audiences better (than other media), but the negative side is we're more difficult to buy. The industry is aware of it.
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Given the company's small amount of debt relative to its cash flow, this is a good time to return cash to our shareholders.
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I think you can expect a more robust and interactive Web site here at The Herald.
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I think the best-case scenario, we will design the park next year and break ground on park construction in 2007,
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Our local competitors have fragmented audiences. As a result, we're the last mass medium. We're holding onto that audience better than anybody else, albeit it's slipping slowly each year.
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The 11.5 times multiple -- which is two full turns higher than the 9.5 times multiple we paid for the whole of Knight Ridder -- demonstrates that these are strong newspapers with great value to companies whose strategies fit them.
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