28 Quotes by Tony Ridder

unless and until its board of directors has approved a specific transaction.

We feel the need to go our own way.

For those 12 newspapers that are being sold, the uncertainty is not over, and I regret that very much.

Our jobs, always, have been to publish great newspapers and online services, and we have done that very well, ... It is important that we continue to do so in the weeks and months to come. Indeed, a big part of all of our jobs will be to stay focused. Nothing could be more critical to the best outcome of the process we're now in than that we run our businesses well.

We expect ad revenue to grow in the second half at about the same rate that it grew in the first,

The only responsible course is to tighten our operations, ... but with maximum sensitivity to assuring the quality of our journalism and the long-term health of our franchises so that we are better positioned to meet the future, whatever the economic environment.

The quarter was challenging. With total ad revenue up only 1 percent, and with the persistence of the soft revenue patterns across the industry for many months now (employment and real estate excepted), we continue to look to the second half for improvement.

We promised a strong bottom-line performance this year, and we are going to deliver, ... We have offset some tightening in the revenue environment with tough cost discipline, and that will not be a one-time event.

With ad revenue down a steady (and not worsening) 8 percent to 9 percent in each month of the quarter, we may have seen the floor.