34 Quotes by Gary Pruitt
- Author Gary Pruitt
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We can't change a market, but we can change a newspaper.
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We care who we sell to, and we care about these papers. We are sorry that we're not retaining them and that they don't fit, but they will fit other companies' strategies.
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We do think that retail will continue its sluggish performance and we're working hard to make sure that we're getting more smaller ads in the newspapers to make up for that,
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We plan to maintain, sustain and further the journalism at these newspapers.
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We are having a good fourth quarter, which has led us to raise our estimates of full-year earnings for 1999.
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We don't know how these will be sold or the exact structure. ... We have begun marketing these papers today. We have received inquiries already.
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The conventional wisdom is that newspapers are dead. That's the view out there, but it couldn't be more wrong.
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Finding the right home for these papers has been a high priority for us since the announcement that we would be selling 12 of the Knight Ridder newspapers. This transaction highlights our ability to deliver quickly on our divestiture plan, and we are delighted with the sales price.
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- Author Gary Pruitt
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Finding the right home for these papers has been a high priority for us.
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