John Morton
John Morton
attractive close community coverage fighting market newspapers people post share washington
It's an attractive market, which is why there are so many people fighting for market share over there. The Washington Post is never going to get down to the chicken-dinner coverage of these communities, and some of these community newspapers come close to that.
anchors draw people shopping sort tend
They're sort of like anchors at a shopping mall. They tend to draw people to the newspaper.
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.
talked
That's talked about a lot, but it usually never happens.
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.
history trying
The history of trying to start a daily where there already is one is that it has never worked.
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.