Knight Ridder is trending

Knight Ridder is trending on Twitter. Popular tweets on Knight Ridder.

Dina 🇵🇷 🇭🇷 🐦
@mlcalderone I followed their pre-war reporting on Iraq and WMDs when they were still Knight Ridder. I'm pretty sure they were the only organization not reporting WH propaganda and questioned claim that Saddam had WMDs. Sad day.
13 Feb, 12:15 PM UTC
Bill Grueskin
McClatchy's stock hit $748 a share in 2005, a year before it assumed billions in debt to acquire the Knight-Ridder newspaper chain.
13 Feb, 12:03 PM UTC
Gary Fineout
Hopefully what won't get lost in story about the bankruptcy of McClatchy, the Miami Herald parent company. A large reason for its financial problems stems from its acquisition of Knight Ridder - a plan pushed by Gary Pruitt, now the president/CEO of @AP
13 Feb, 01:43 PM UTC
Phoebe Wall Howard
@mlcalderone @allisonsross McClatchy woes are less a reflection of the industry than really bad business decisions -- including the poorly planned $4.5B acquisition of Knight Ridder that didn't adequately assess tax ramifications and also saddled the company with brutal debt.
13 Feb, 01:21 PM UTC
Mimi E
@ViscResponse @mlcalderone It's not Knight Ridder anymore 😪, they are missed
13 Feb, 01:36 PM UTC
Tom Lasseter
Brutal: Before buying Knight Ridder in 2006, McClatchy stock topped $740 a share. Last November, McClatchy’s stock fell to 35 cents a share.
13 Feb, 01:11 PM UTC
Chuck McShane
The upheaval in the news industry has been astonishing to watch. When McClatchy was pondering a takeover of Knight Ridder, McClatchy stock was $750 a share. The Observer newsroom had 250 people on staff.
13 Feb, 12:32 PM UTC
Andria Krewson
Worth noting: some top McC and Knight Ridder former execs still lead efforts to support journalism. One example: Mark Ethridge on @wfae’s board. Those with “non-qualified” benefits may have less to spend on those efforts now.
13 Feb, 01:48 PM UTC
Amanda Kolson Hurley
“McClatchy was the proverbial dog that caught the car, buying its larger competitor Knight Ridder in March 2006 for $4.5 billion in cash and stock. It also assumed $2 billion of Knight Ridder debt.”
13 Feb, 12:03 PM UTC
Bobby Caina Calvan
A really sad day but I hope things turn around. Spent most of my career with McClatchy and Knight Ridder. (The purchase of Knight Ridder by McClatchy was ill-timed.) wishing my McClatchy friends well.
13 Feb, 02:21 PM UTC
bruce rushton
Kudos to McClatchy for running this--more than GateHouse ever did. But no mention of the room's elephant. Absent Knight Ridder acquisition, the family might still be leading the way to great journalism. McClatchy flew too close to the sun, methinks, and there are consequences.
13 Feb, 01:57 PM UTC
I remember the day in the newsroom when we learned that McClatchy was buying Knight-Ridder. It seemed like it was the best of the options available, since KR was going to be sold. McClatchy valued good journaliSm, and that family class of stock seemed like a good thing.
13 Feb, 01:50 PM UTC
Chris Newbury
@CountessesofUNC @jamllc I should take no joy in this. Some good people will lose jobs. Retirees will have pensions cut. The main reason they went broke was taking on huge debt in 2006 to buy Knight Ridder, not their biased UNC “scandal” coverage. And yet, schadenfreude.
13 Feb, 01:22 PM UTC
RobΞn Farzad
Flashback to March 2006: NEW YORK – The McClatchy Co. has reached a deal to buy Knight Ridder, the second-largest U.S. newspaper publisher, for about $4.5 billion in cash and stock, the companies announced. #McClatchy will also assume about $2 billion in Knight Ridder debt...
13 Feb, 12:29 PM UTC
The Human Fund
Frontline did a documentary on the run-up to the Iraq war in which they highlighted this difference by comparing how the NYT cheer-lead the war while Knight-Ridder did the best investigative work about the lies leading up to it of any paper at the time.
12 Feb, 06:27 PM UTC
Bill Grueskin
@Sulliview Speaking of ill-timed moves (1997) “The deal solidifies Knight-Ridder's commitment to the newspaper business at a time when many rival publishing companies have been diversifying into broadcasting and other forms of communication”
13 Feb, 02:38 PM UTC
Charles Apple
Oh, the hubris McClatchy showed when it bought Knight-Ridder...
13 Feb, 02:35 PM UTC
Julie Wallace
I very briefly was a McClatchy employee when it purchased Knight Ridder and on the same day announced it did not want the paper where I worked, the Akron Beacon Journal, the original home of John S. Knight. Sorry to see this happen, regardless.
13 Feb, 02:28 PM UTC
Mimi E
@RoadWarrior361 @ViscResponse @mlcalderone Good to know. In Detroit the Free Press was a Knight Ridder paper and, although there were problems (strikes,etc), at least it was still a paper. Not so much anymore and I miss it.
13 Feb, 02:26 PM UTC
Randy Essex
@phoebesaid @NathanBomey Worth noting that Gannett acquired @Freep amid Knight-Ridder’s disintegration, when newspaper revenue still was strong in 2005 — before the smartphone was introduced and Google advertising took off.
13 Feb, 01:56 PM UTC
@MicheleErnatt @ViscResponse @mlcalderone I worked for Knight Ridder on the AP Leaf Desk. No, they are not missed. They vampired every news organization they touched, turning charming small town newspapers into rehashed AP news with no local content other than sports, and damn little of that.
13 Feb, 01:44 PM UTC
John Michael McGrath
McClatchy also bought Knight Ridder once upon a time; KR reporters were among the very few in DC to get the Iraq War right early on.
13 Feb, 01:39 PM UTC
Ei McDonough🇺🇸🇮🇪
@Will_Bunch Heartbreaking. McClatchy has a long and noble past. Knight Ridder, too.
13 Feb, 01:29 PM UTC
@katieperalta @KevinGHall Funny feeling to spend 16 years at knight ridder covering the airline industry, where bankruptcies and PBGC pension takeovers were common, and then to have it happen to me.
13 Feb, 01:17 PM UTC
Sonny Goldreich
@CNN No. This is not another sign of the "growing financial crisis in print journalism." It's a sign of the self-consuming reckless corporate greed of a company that took on huge debt when it gobbled up the much larger Knight Ridder chain in 2006.
13 Feb, 12:54 PM UTC
Jukka Manninen
McClatchyn osakekurssi #muuten huiteli 748 dollarissa vuotta ennen tuota Knight-Ridder-kauppaa - ja toki #media-alan disruptiota noin muuten. Lehtien printin mainostulot 2005: 47 mrd dollaria Vuonna 2014: 16 mrd dollaria
13 Feb, 02:43 PM UTC
Dog-faced Pony Soldier
@jeffjarvis McClatchy was in last newspaper standing shape until Gary Pruett's ego fueled epic blunder buying Knight Ridder printing presses at top market in 2006.
13 Feb, 02:40 PM UTC
McClatchy, owner of The Miami Herald and dozens of other newspapers across the U.S., has filed for Chapter 11 bankruptcy. McClatchy never recovered after taking on billions in debt buying Knight-Ridder. #McClatchy #backruptcy #freepress
13 Feb, 02:38 PM UTC
Dog-faced Pony Soldier
@IAmAmnaNawaz Gary Pruitt's epic blunder of buying Knight Ridder's printing presses at top of the market in 2006 may have been a contributing factor.
13 Feb, 02:27 PM UTC
Bruce Ritchie
@fineout @AP McClatchy acquired Knight Ridder -- unfortunately AFTER K-R unloaded the Tallahassee Democrat.
13 Feb, 02:20 PM UTC