Knight Riddled

Roben Farzad

Knight Ridder (KRI), the #2 newspaper chain, is reportedly readying its machete for another round of job and benefit cuts to sex itself up for prospective private equity buyers. It's yet another blow to the already gutted newsrooms of the Miami Herald, Philly Inquirer and the 30 other KR dailies -- and a depressing case study in the perils of public newspaper ownership. Dissatisfied shareholders, meanwhile...

To continue reading this article you must be a Bloomberg Professional Service Subscriber.