Romenesko

Washington Post
"Media companies in transition should be private," says Scott N. Flanders, president of Freedom Communications, owner of the Orange County Register. "When you're privately backed, you have the flexibility to be nimble." Register journalists who've come from publicly traded newspapers tell Frank Ahrens that even though their paper doesn't face Wall Street's quarterly demands, it sometimes feels like it does. "There is no illusion that we are immune to market pressures because our company isn't traded on a stock market," says reporter Andrew Galvin.