Extra! Extra! Read all about it in today's paper. This must have been part of a very big, strategic plan with the recent buy-outs of senior staffers just one more way to somehow make the balance sheet more desirable to a buyer. In 2007, Landmark Communications became sole owner of the paper after being a long-time, part-owner. CP was pleased that at least the paper was remaining in the hands of a regional, media concern with small newspaper ownership rather than going to one of the mega media chains--and was quoted in The Capital to that effect last year. Now all that is in doubt.
Will we benefit if Gannett or The Washington Post Company or some such mega conglomerate buys our hometown newspaper? I would doubt that as well, but maybe it will be good for bloggers......?
(Click on the headline above to go to the story)
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