Wednesday, March 18, 2009

Singleton welcomes Pelosi's action

Nancy Pelosi's letter urging the Department of Justice to consider the consolidation of the Bay Area's newspapers was welcomed by MediaNews Group chief executive Dean Singleton, whose company owns the Mercury News, Contra Costa Times and nine other Bay Area dailies.

"For newspapers in some markets to survive, there will need to be some consolidations," Singleton told the Merc's Pete Carey, "and I think what Speaker Pelosi is saying is it's time for the Justice Department to join the 21st century and realize that newspapers are one small piece of the competitive landscape."

Singleton said there are no discussions between MediaNews and Hearst, the Chronicle's owner, beyond some joint distribution.

But, he added, "if you look at the economics of the Bay Area News Group — which operates this paper and the Mercury News — and the Chronicle, it would seem that might be a smart thing to do, to do more consolidation."

2 comments:

Anonymous said...

And then what Dino? Kill of local news just like you did with ANG Newspapers when it consolidated with CCTimes? If you look at most MNG valley newspapers, they are a shell of their former self. You columnists who really don't write about local issues, stories that aren't local and freelancer writers replacing staff reporters.
None of this is because of the Internet. It's what Singleton did to Bay Area newspapers in general. He ruins newspapers and now wants to add to his stable of ruined newspapers.
I say, let it happen. The reading public won't care anyways.

Anonymous said...

if the chronicle and merc were such great newspapers, why aren't their readers doing more to rescue them ... if they were any good, they wouldn't need a crutch from pelosi ... people would be taking out subscriptions, buying ads, doing whatever possible to keep these institutions going ... instead, silence ...