Philadelphia Inquirer | McClatchy
PR exec
Brian P. Tierney and his associates get the papers. "Our plan is to invest in and grow both papers," Tierney says in a
news release. McClatchy CEO
Gary Pruitt says: "I sincerely hope it will be a good deal for the papers. I understand the concerns. I think it will be a good outcome."
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"[The new owners] know full well that we are about to become a laboratory for newspaper local ownership that will be watched intently by others," says PNI publisher
Joe Natoli. "It's a terrific opportunity for us to show what we can do.
(Romenesko Memos)
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"This group will not have to worry about appeasing Wall Street" (E&P)
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Newspaper Guild says papers must enter a period of reinvestment (Misc.)
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Read the FAQ given to Inquirer and Daily News employees (Misc.)