John Morton
John Morton
history trying
The history of trying to start a daily where there already is one is that it has never worked.
acquired address appearing larger lower mirror operating papers profits size staff thrown trying typical
When Tribune acquired Times Mirror they acquired papers with much lower operating profits than Tribune papers have traditionally thrown off. The L.A. Times has a larger staff than is typical for that size of paper. They've been trying to address that without appearing to be a slash-and-burn company.
buyer chains concentration discard future goes growth markets newspaper ownership
There are only so many growth markets. As concentration of ownership goes forward, you'll see future acquisitions of newspaper chains go pretty much the way this one did: The buyer will keep the growth markets and discard the rest.
california dailies enhance folks francisco higher motive pay presence price proper san surround
He has most of the dailies that now surround San Francisco proper and this only enlarges his presence in the area. With the California properties, Singleton has more of a motive than other folks to pay a higher price because it would enhance what he already owns.
center easier job knew pass
He made everyone's job easier because he was a center who knew how to play the game. He knew when to shoot, when to pass out.
another-day today tomorrow
I'm 99 today and I'll be 100 tomorrow. It's another day.
grateful mind-your-own-business care
I'm grateful I've got my mind. I can take care of my own business.