Thursday, September 25, 2008

Another Southland MN expansion?

Memo to us in July: "MediaNews is not currently looking to acquire more newspapers." But today San Diego Union-Tribune reporters spotted MNG boss Dean Singleton "prowling the halls" of the paper raising speculation that he may be shopping again.

MediaNews is the largest publisher of daily newspapers in California (29). According to Singleton, consolidation within the industry is inevitable. Well, if MN continues to gobble up CA dailies, we as stakeholders should go Guild state-wide to ensure our state's newspapers don't all end up penny shoppers.

Illustration courtesy of Free Press under a Creative Commons Attribution license.

No comments: