Next week, the slow, inexorable decline of newspapers will be marked by another datapoint when Bruce Sherman, the 61-year-old CEO of
Private Capital Management, retires. For those who have followed the newspaper industry's financial travails, Sherman was the money manager who forced the merger of Knight Ridder to McClatchy back in 2006, and then, along with Morgan Stanley fund manager Hassan Elmasry, took on Arthur Sulzberger at the New York Times Company. [Click for MORE]Elsewhere:
- Come see us in the pixels
- Pelosi goes to bat to keep Bay Area papers alive
- Seattle P-I staffers will get severance pay
- JOA to live on after Tucson Citizen folds
- Specifics on newspapers from State of News Media report
- Frayed Thread in a Free Society
- Concept of newspapers as nonprofits gains ground
- Chronicle workers vote 10 to 1 for concessions
- Chicago Sun-Times editing jobs won't be outsourced to India, Canada
- Toledo Guild seeks layoff alternatives at The Blade
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