Tony Ridder
Tony Ridder
approved board directors specific unless until
unless and until its board of directors has approved a specific transaction.
best businesses continue critical great jobs months newspapers online outcome process publish run stay weeks
Our jobs, always, have been to publish great newspapers and online services, and we have done that very well, ... It is important that we continue to do so in the weeks and months to come. Indeed, a big part of all of our jobs will be to stay focused. Nothing could be more critical to the best outcome of the process we're now in than that we run our businesses well.
buy consider control
We'd consider it, but we don't have any control over the Times board. Who would buy something like that?
ad month percent revenue seen steady
With ad revenue down a steady (and not worsening) 8 percent to 9 percent in each month of the quarter, we may have seen the floor.
We feel the need to go our own way.
newspapers regret
For those 12 newspapers that are being sold, the uncertainty is not over, and I regret that very much.
ad clearly control cost early emphasis february focus growth margin paying quarter revenue seen since strongest
Ad revenue growth in February and March, boosted by the early Easter, was the strongest we have seen since the first quarter of 1998. Our focus on operations, with emphasis on cost control and margin improvement, is clearly paying off.
enhance including possible sale strategic
strategic alternatives to enhance shareholder value, including the possible sale of the company.
dealing drummer
Dealing with a drummer isn't that much different from dealing with someone from IT.
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.
advertising beat cents consensus despite faced far flat
Despite flat revenue, we beat the Street's consensus (earnings forecast) by 2 cents and faced by far the stiffest advertising comparisons of the year.
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.
across ad continue estate half industry months patterns quarter revenue second soft total
The quarter was challenging. With total ad revenue up only 1 percent, and with the persistence of the soft revenue patterns across the industry for many months now (employment and real estate excepted), we continue to look to the second half for improvement.
cities run
In all of the cities where we have newspapers, we run the business.