Show me the $
Information is the enemy of the process right now.
-Gary Pruitt, McClatchy exec on sale of Bay Area papers to MediaNews.
More numbers:
30 percent. Or $299.35 million. That's the amount Hearst plans to give MediaNews for papers outside the Bay Area. While DoJ approved the MediaNews sale last week, the ruling did not include SF Chronicle owner Hearst's horse trading with MediaNews to help make its Bay Area take over happen. With the plans for a single Bay Area Hearst/MediaNews website in development, that 30 % is worth remembering in future considerations of a Bay Area media monopoly.
-Gary Pruitt, McClatchy exec on sale of Bay Area papers to MediaNews.
More numbers:
30 percent. Or $299.35 million. That's the amount Hearst plans to give MediaNews for papers outside the Bay Area. While DoJ approved the MediaNews sale last week, the ruling did not include SF Chronicle owner Hearst's horse trading with MediaNews to help make its Bay Area take over happen. With the plans for a single Bay Area Hearst/MediaNews website in development, that 30 % is worth remembering in future considerations of a Bay Area media monopoly.
posted by wildebeest at 2:29 PM
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