Tony Ridder
Tony Ridder
advertising beat cents consensus despite faced far flat
Despite flat revenue, we beat the Street's consensus (earnings forecast) by two cents and faced by far the stiffest advertising comparisons of the year.
honestly likely
I honestly do not know who is the likely buyer.
delivered despite key management performance soft strong tight year
As promised, we delivered a very strong earnings-per-share (excluding nonrecurring items) performance in 1998. We did this in a year where not everything was going our way, which demonstrates our ability-and commitment-to tight management despite soft revenues in key markets.
newspapers regret
For those 12 newspapers that are being sold, the uncertainty is not over, and I regret that very much.
cost fourth increase level repeated
That level of cost increase will not be repeated in the fourth quarter,
capable online paper
a nationally read paper capable of being leveraged in the online market.
enhance including possible sale strategic
strategic alternatives to enhance shareholder value, including the possible sale of the company.
We feel the need to go our own way.
approved board directors specific unless until
unless and until its board of directors has approved a specific transaction.
course economic health journalism maximum meet quality whatever
The only responsible course is to tighten our operations, ... but with maximum sensitivity to assuring the quality of our journalism and the long-term health of our franchises so that we are better positioned to meet the future, whatever the economic environment.