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SEARCH RESULTS FOR "AVISTA"

Newspaper companies that have turned the page from Chapter 11

The Associated Press - 29 Sep 2009

Three newspaper companies that have emerged from bankruptcy protection.

Out from bankruptcy, Star Tribune in new hands

Susan Feyder - The Minneapolis Star Tribune - 28 Sep 2009

The Star Tribune is set to emerge from bankruptcy today, eight months after falling advertising and circulation revenue forced the Minneapolis newspaper to seek protection from its creditors.

Star Tribune will exit Chapter 11

Jennifer Bjorhus - The Minneapolis Star Tribune - 18 Sep 2009

A federal bankruptcy judge in New York on Thursday approved the Star Tribune's reorganization plan, clearing the way for the Minneapolis newspaper to exit bankruptcy on or about Sept. 28.

AP charts, and updates, all of the major newspaper bankruptcies

The Associated Press - 14 Sep 2009

Status of some of the newspaper publishers that have filed for bankruptcy protection:

Star Tribune looks to turn page from Chapter 11

Jeff Baenen - The Associated Press - 14 Sep 2009

When the Star Tribune emerges from bankruptcy protection later this month, Minnesota's largest newspaper will be far leaner than it once was — but with the same pressure to generate revenue.

SURVIVAL OF THE RICHEST

Even as the ship sinks, newspaper execs pocket the silver

Andy Zipser, Editor - The Guild Reporter - 30 Jul 2009

While Morgan Stanley, Goldman Sachs and JP Morgan Chase have become poster children for management greed run wild, their executive compensation practices are only the most extreme examples of a widening class divide. What's endemic to the financial industry is nearly as ubiquitous to the newspaper publishing business, in kind if not in scale. And that avarice is nowhere more evident than in bankruptcy court.

Why the New York Times Co. will be in business until at least 2012

Revolving Credit Facility Due Date Looms, but Sulzbergers Should Be Able to Retain Control

Nat Ives and Bradley Johnson - Ad Age - 29 Jun 2009

"The month of May came and went," the New York Times Co. told staff last Thursday, "and, contrary to the prediction of one writer, we did not stop printing."

Big loss for Avista in Star Tribune bankruptcy

The New York Times - 22 Jun 2009

The private equity firm Avista Capital Partners stands to take a big loss in the bankruptcy reorganization of The Star Tribune of Minneapolis.

Star Tribune files plan to exit bankruptcy in fall

Davit Phelps - The Minneapolis Star Tribune - 19 Jun 2009

The Star Tribune plans to exit bankruptcy in the fall, about 10 months after a sharp decline in advertising and circulation revenue forced it to default on heavy debt payments.

Labor agreement at Star Tribune cuts wages

The Associated Press - 27 Apr 2009

A tentative three-year contract agreement has been reached between the Star Tribune and the union representing nearly 300 newsroom workers.

Guild unveils Save the Strib campaign

Kick off at Twins home opener

Michael Moore - Minnesota Newspaper Guild - 08 Apr 2009

Dozens of activists from the Guild and other Star Tribune unions distributed fliers and other material at the start of a public campaign to preserve the Minneapolis newspaper.

As cities go from two papers to one, talk of zero

Richard Pérez-Peña - The New York Times - 13 Mar 2009

The history of The Seattle Post-Intelligencer stretches back more than two decades before Washington became a state, but after 146 years of publishing, the paper is expected to print its last issue next week, perhaps surviving only in a much smaller online version.

In court, Star Tribune execs make the case for cost-cutting

Jill Barshay - The Mnneapolis Star Tribune - 13 Mar 2009

Lower wages and less restrictive work rules at its printing plant would help the Star Tribune save money and attract outside work, including the possibility of printing its crosstown rival, the St. Paul Pioneer Press.

Star-Tribune asks court to end contract with pressmen

The Associated Press - 12 Mar 2009

The Star Tribune of Minneapolis is seeking bankruptcy court approval to abandon one of its labor contracts as it tries to cut more costs in its restructuring.

Did the Star Tribune spend $11.5 million defending Par Ridder?

David Brauer - MinnPost - 10 Mar 2009

Bankruptcy filings are a boon to reporters because they disgorge information private companies otherwise keep hidden. But like Lucy snatching away the football, some of the juiciest stuff is blacked out when the documents are released.

McClatchy may not get $5.3M owed by newspapers

The Associated Press - 03 Mar 2009

Newspaper publisher McClatchy Co. said it may not be able to recover $5.3 million owed by newspapers it had sold to companies that have recently filed for Chapter 11 bankruptcy protection.

Philadelphia Newspapers seeking bankruptcy

Richard Pérez-Peña - The New York Times - 22 Feb 2009

The owners of The Philadelphia Inquirer and The Philadelphia Daily News will file for bankruptcy on Monday after talks aimed at restructuring the debt from that deal broke down, executives said on Sunday.

Star Tribune seeks to void pressmen's contract

David Phelps - The Minneapolis Star Tribune - 20 Feb 2009

The Star Tribune asked a federal bankruptcy judge late Thursday to cancel the labor contract for its 116-member pressmen's union and impose new language that would save the debt-laden newspaper $3.5 million a year.

Bankrupt Star Tribune seeking new union deals

Sharon Schmickle - MinnPost.com - 17 Feb 2009

The Star Tribune is moving apace on a key component of its reorganization in bankruptcy court: seeking new deals with its labor unions.

Bankruptcy judge OKs Star Tribune severance payments

Neal St. Anthony - The Mnneapolis Star Tribune - 06 Feb 2009

A federal bankruptcy judge has ruled in favor of the Star Tribune’s motion to pay in full its severance obligations to 43 former employees who left the company last summer and fall, and whose remaining severance payments were capped by statute at $10,950.

Publisher of bankrupt Star Tribune bidding for Texas paper

David Brauer - MinnPost.com - 23 Jan 2009

The Strib part-owner, chairman and publisher is among several suitors for the Austin American Statesman, the Texas paper reports.

Star Tribune’s largest lender is local

David Phelps - The Minneapolis Star Tribune - 20 Jan 2009

Bankruptcy documents filed Friday revealed that the Star Tribune’s largest lender is homegrown, an ownership stake that was largely unknown outside of a small group of company executives.

Guild responds to Star Tribune bankruptcy

Editor & Publisher - 17 Jan 2009

Graydon Royce, co-chairman of the MInneapolis Star Tribune's unit of the guild, said he learned of the paper's Chapter 11 bankruptcy filing when another employee called him about 8:15 p.m. last night. "The Newspaper Guild was given no heads up at all," Royce said, according to an article in today's edition of the paper. "We have to get a lawyer and financial expert to represent us in any proceedings that happen. Beyond that, we just don't know what's going to transpire.

Strib bankruptcy: Pulling the pin...and let's see what happens

Ken Doctor - Content Bridges - 17 Jan 2009

As long anticipated, the Star Tribune filed for bankruptcy today, now the second company (after Tribune's big splash) to do that. Expect more.

Star Tribune files for Chapter 11 bankruptcy

The Minneapolis Star Tribune - 15 Jan 2009

The Minneapolis Star Tribune filed a Chapter 11 bankruptcy petition Thursday night. The filing had been anticipated for several months. It follows missed payments to the paper’s lenders, and comes less than two years after a private equity group, Avista Capital Partners, purchased the paper for $530 million.

The newspaper bubble, too, has burst

Richard Pérez-Peña - The New York Times - 09 Dec 2008

The bankruptcy filing of the Tribune Company on Monday is just the latest, largest evidence that the American newspaper industry is suffering the hangover from an immense buying spree in 2006 and 2007 at what turned out to be the worst possible time for the buyers, just as the business was about to enter a drastic decline.

Now or never for the Strib's unions

Brian Lambert - mspmag.com - 04 Dec 2008

I love a good gross understatement. Like this one: It's a really, really bad time for unions in America.

Star Tribune asks its unions for $20 million in cost savings

Neal St. Anthony - The Minneapolis Star Tribune - 03 Dec 2008

The Star Tribune asked its unions Tuesday for another $20 million in annual cost savings beginning in January in a bid to have lenders forgive some of nearly $400 million in long-term debt.

Slaughtering the cash cows a bit too early

For an industry already on a ventilator, today's FAS-FAX numbers just steal more breath

Ken Doctor - Content Bridges - 27 Oct 2008

The double-digit declines -- the Atlanta Journal Constitution at 13.6% daily, the Dallas Morning News at 9.2% daily and the critical-listed Newark Star-Ledger down 10.4% daily -- shouldn't be a surprise, but they are surprising in their magnitude.

Triple financial whammy afflicts newspapers

Ken Doctor - Content Bridges - 16 Oct 2008

If the newspaper industry was on thin ice a month ago, the financial meltdown has meant that the creaking and cracking is getting more audible. Think of it as a triple whammy for an industry used to declaring itself the victim of a perfect storm.

Newspapers axe Monday editions as paper costs rise, ads dwindle

Sarah Rabil - Bloomberg - 13 Oct 2008

When the McPherson Sentinel stopped publishing on Mondays, the newspaper told readers it wasn't any different from Hellman's shrinking its mayonnaise jars or Extra gum offering two fewer pieces per pack at the same price.

Loading up on debt to buy papers can backfire

Thomas Kupper - The San Diego Union-Tribune - 22 Sep 2008

When Avista Capital Partners bought the Minneapolis Star-Tribune two years ago, the private equity firm put only $100 million of its own money into the $536 million deal. It loaded up on debt to pay for the rest.

Strib tells AP: we're canceling

David Brauer - MinnPost.com - 27 Aug 2008

It’s hard to imagine: the Star Tribune without the Associated Press. But that’s what could happen in 2010; the region’s biggest news source recently sent the nation’s most prominent wire service the required two years' cancellation notice, an AP spokesman confirms.

Strib will have "a tough time" making its next debt payment

David Brauer - MinnPost.com - 06 Aug 2008

When the Star Tribune’s pressmen turned down management’s contract proposal last Thursday, they ignored a threat from their own leadership: without a “yes” vote, the company would “have a tough time” making a September debt payment, potentially another step closer to bankruptcy.

Star Tribune unit approves 3-year deal

Minnesota Newspaper Guild - 24 Jul 2008

Strib Guild members vote to ratify 36-month agreement that includes a wage freeze followed by nominal wage increases, a new health care plan and a mandatory buyout program prior to layoffs.

Star Tribune’s debt for sale as newspaper woes mount

Bob Geiger, Burl Gilyard and Mark Anderson - Finance and Commerce - 23 Jul 2008

The lenders who financed Avista Capital Partners’ 2007 acquisition of the Star Tribune now want out of the deal, and are seeking a buyer for their debt package, originally worth more than $400 million.

Star Tribune, Guild reach tentative three-year agreement

Jim Buchta - The Minneapolis Star Tribune - 18 Jul 2008

The Newspaper Guild and the Star Tribune reached a tentative agreement Wednesday concerning a proposed three-year contract.

Star Tribune withholds some pay to lenders

The company declined to make regular quarterly payment to junior debt holders.

Neal St. Anthony - The Minneapolis Star Tribune - 01 Jul 2008

Star Tribune Co. declined to make a quarterly interest payment Monday to the holders of $96 million in second-tier debt that Avista Capital Partners raised to finance its acquisition of the news company last spring.

'Til debt do us part

Mark Fitzgerald and Jennifer Saba - Editor & Publisher - 19 Jun 2008

For newspapers, it's the morning after their big binge — a multi-billion dollar borrowing spree. They maxed out their credit cards for all kinds of neat things that seemed to break down as soon as they got them home. Now they're trying to hock their purchases, but so is almost everyone else they know. They're making their minimum payments, and the sheriff isn't at the door yet — but the really big bills are about to hit the mailbox.

Star Tribune to cut newsroom budget 10%

Mark Fitzgerald - Editor & Publisher - 17 May 2008

Star Tribune Editor Nancy Barnes has been told she will have to cut $2.5 million, or about 10%, from the annual newsroom budget, a Newspaper Guild local official said Friday.

Bids due on Star Tribune's land

Nicole Garrison-Sprenger and Gita Sitaramiah - The Saint Paul Pioneer Press - 13 May 2008

Bids on the Star Tribune's five-block plot of land in downtown Minneapolis are due today, according to an offering memo obtained by the Pioneer Press.

Star Tribune's owner forced to write off much of its investment

Neal St. Anthony - The Minneapolis Star Tribune - 07 May 2008

The owner of the Star Tribune has informed investors that it has written down the value of its $100 million investment in the newspaper by 75 percent to reflect deteriorating conditions since the purchase in March 2007.

How bad is it for the Strib?

City Pages - 06 May 2008

Reporters examining the Star Tribune's finances can be compared to a group of blind men reporting on an elephant. No one source, not even the paper's higher-ups themselves, seems to have all the answers.

Star Tribune hires Blackstone Group to analyze its finances

Matt McKinney - The Minneapolis Star Tribune - 05 May 2008

Faced with sliding advertising revenue amid a continuing slowdown of the newspaper industry, the Star Tribune said Sunday that it has hired an adviser to evaluate its finances.

Newspapers' new owners turn grim

David Carr - The New York Times - 24 Mar 2008

Critics of newspapers say that part of the problem is that the industry has lost its ability to surprise. Tell that to the guys who have just bought in.

Strib: Revenue drop 'precipitous,' production costs 'unfavorable'

David Brauer - MinnPost.com - 21 Mar 2008

After three days of closed door meetings -- so closed that the principals had to sign confidentiality agreements -- Star Tribune management and labor just issued a joint statement about the discussions.

Star Tribune hires turnaround consultant

The Associated Press - 23 Jan 2008

Revenue at the Star Tribune is continuing to fall and the newspaper has hired a consultant to help it map a turnaround, its publisher told employees in a memo.

Despite woes, McClatchy banks on newspapers

Steve Strecklow - The Wall Street Journal - 26 Dec 2007

In the beleaguered newspaper industry, one chief executive has long stood out as the golden boy: Gary Pruitt. He skillfully managed the McClatchy Co. chain and last year engineered the $4.6 billion takeover of Knight Ridder Inc., one of the largest in the history of the business.

Strupp's top 10

What's up, Murdoch? He takes #1 slot in top 10 newspaper industry stories of 2007

Joe Strupp - Editor & Publisher - 21 Dec 2007

A billionaire media mogul takes over the prestigious family-owned daily. What could be a better story than that? But what about turmoil in the Twin Cities, the Pulitzers expanding online, Conrad Black and Bilal Hussein in jail? Or was it a Zell of a year?

A newspaper horror story

Since the day McClatchy announced its Knight-Ridder purchase its shares are down 69% whereas the Dow Jones averages gained 17%

Philip Stone - followthemedia.com - 14 Nov 2007

McClatchy has filed papers with the Securities & Exchange Commission that it is writing down the value of the company by some $1.52 billion ($1.38 billion after tax considerations) reflecting the huge drop in its share price and the diminished value of the newspapers it kept from Knight-Ridder.

Strib editorial page editor forced out in 'local' dispute

Joe Strupp - Editor & Publisher - 26 Sep 2007

In the latest upheaval for the Star Tribune of Minneapolis, Editorial Page Editor Susan Albright will leave the paper after 14 years at the helm following a dispute over localizing the editorial page.

Ex-Strib reporter is curious about Ridder's exit pay

Brian Lambert - The Rake - 21 Sep 2007

Struck by the Strib's line about Par Ridder likely not to return to the paper. "That tells me that lawyers are talking and I'm sure that exit pay is a major topic," Deborah Rybak writes. "So how much more is Par going to take home from this misadventure in addition to the 'relocation' money we hear he received to move about 5 miles from Sunfish Lake to Kenwood? I wonder if his lawyers want extra because he was so successful in whacking the staff down to size and saving Avista so much money."

Star Tribune to begin search for new publisher

Matt McKinney - The Minneapolis Star Tribune - 20 Sep 2007

The Star Tribune plans a nationwide search for a new publisher following the court-ordered exit on Tuesday of the paper's previous head, Par Ridder.


E&P

Trouble in river cities

Jennifer Saba - Editor & Publisher - 18 Sep 2007

The Mississippi River has served as a divider and natural barrier for St. Paul and Minneapolis and their respective newspapers, and each daily has cleaved to its own sense of uniqueness. There are only a few similar markets in the United States, and the one most often compared to the Twin Cities, Dallas/Ft. Worth, actually has plenty of geography separating the two major dailies, so they can comfortably operate as distinct, if competitive, entities.

Ridder ordered out at Star Tribune

Christopher Snowbeck - The Saint Paul Pioneer Press - 18 Sep 2007

Former publisher Par Ridder misappropriated confidential Pioneer Press information upon leaving the St. Paul newspaper earlier this year and has used that information at the rival Star Tribune in ways that caused "irreparable harm," a judge said this morning.


Par Ridder

Judge rules Star Tribune publisher must step down

Jerry Holt - The Minneapolis Star Tribune - 18 Sep 2007

A judge ruled today that Star Tribune publisher Par Ridder must step down from his job after he was accused of wrongdoing by his former employer, the St. Paul Pioneer Press, which had sought to have him removed.
Chairman Chris Harte's memo


Tribune Tower

Don't stop the presses -- sell the building instead

Thaddeus Herrick - The Wall Street Journal - 29 Aug 2007

When Philadelphia Media Holdings LLC acquired the Philadelphia Inquirer last year, borrowing $375 million for the purchase, the company began looking at ways to pay off its debt. One option: Sell the landmark 18-story building on North Broad Street that has been home to the newspaper since 1924.

SPECIAL REPORT: PART 3

On shredding a 'Noncompete' document

Jennifer Saba - Editor & Publisher - 12 Aug 2007

During the three-day trial of the St. Paul Pioneer Press v. The Star Tribune Co., several executives were required to testify, including OhSang Kwon, Avista Capital Partners Founding Partner.

SPECIAL REPORT: PART 1

How publishers share information

Jennifer Saba - Editor & Publisher - 08 Aug 2007

E&P has obtained a full transcript from the trial in a lawsuit brought by Northwest Publications LLC, which runs the St. Paul Pioneer Press, against The Star Tribune Co., held in late June, and will begin publishing excerpts starting today.

As newspapers continue to gut their newsrooms can publishers justify their spin that the editorial quality remains the same?

Philip M. Stone - followthemedia.com - 08 Aug 2007

There’s hardly a day that goes by that some US newspaper doesn’t announce it is cutting back on staff and also resourcing jobs elsewhere. But usually with such cutbacks publishers and editors try and convince their readers it will make no difference to the end product. Hogwash!


Jay Bevenour

Trials and Stribulations

G.R. Anderson Jr. and Paul Demko - City Pages - 25 Jul 2007

Taking the stand in Judge David Higgs's courtroom, Par Ridder couldn't have looked more like a rich boarding-school kid. The 38-year-old publishing scion was decked out in country-club navy blue with a haircut that was square in every sense of the word.

Free Par! Nine questions on alternative punishments

Ken Doctor - Content Bridges - 24 Jul 2007

It's too easy. Par stays at the Star Tribune. Par leaves the Star Tribune. That's the end all the high-priced legal talent is driving to as the Twin Cities journalism community watches gape-mouthed at the sight of a Ridder scion pushed into the dock for stealing company secrets.

Journalists union asks Ridder to quit

Matt McKinney - The Minneapolis Star Tribune - 18 Jul 2007

The union representing the Star Tribune's newsroom called Tuesday for the resignation of Publisher Par Ridder. Guild resolution

Final shots offered in Twin Cities publisher fight

The Associated Press - 17 Jul 2007

Attorneys for the St. Paul Pioneer Press and Minneapolis Star Tribune fired their final shots Monday in a legal battle over whether Star Tribune publisher Par Ridder and two other executives should be barred from working for the Minneapolis newspaper.

It's unanimous

Strib Guild stewards say Par should resign

Brian Lambert - The Rake - 12 Jul 2007

Wednesday's meeting of Star Tribune Guild stewards ended with the 25 gathered employees blowing past a proposal to put a "no confidence" vote on publisher Par Ridder before membership. Instead, arguing that "no confidence" was "a little soft" considering Ridder's behavior, the stewards voted unanimously to have membership vote on demanding Ridder's resignation.

Ethics tenet is on trial in Minnesota

David Carr - The New York Times - 09 Jul 2007

In the past few weeks, both The Minneapolis Star Tribune and The St. Paul Pioneer Press have been doing a bang-up job of covering a dramatic civil trial that has taken aim at one of the Twin Cities' leading businessmen. The trial, and the accompanying coverage, has been full of allegations of bad faith, stolen data and riveting hallway commentary.

Ridder says St. Paul data did no harm

Star Tribune publisher Par Ridder told a Ramsey County court that he now wishes he'd deleted data he took from the Pioneer Press

Matt McKinney and Steve Alexander - The Minneapolis Star Tribune - 27 Jun 2007

A contrite Par Ridder, publisher of the Star Tribune, defended himself in court Tuesday against allegations that he stole financial information from his previous employer, the St. Paul Pioneer Press.

Ridder says he shared Pioneer Press data

Jennifer Bjorhus - The St. Paul Pioneer Press - 26 Jun 2007

Star Tribune Publisher Par Ridder acknowledged taking confidential financial information from his former employer, the St. Paul Pioneer Press, to his new job at the Minneapolis paper; separately, he insisted his noncompete agreement with the Pioneer Press had been waived, making him free to go.

Ridder says he took confidential information

Steve Karnowski - The Associated Press - 25 Jun 2007

Former St. Paul Pioneer Press publisher Par Ridder has acknowledged taking confidential information from his old employer to his new job as publisher of the Star Tribune of Minneapolis.

Star Tribune sells four city blocks to Vikings

Avista Capital Partners, owners of the Star Tribune, could receive $45 million for the property, according to sources.

Mike Kaszuba and Paul Levy - The Minneapolis Star Tribune - 15 Jun 2007

The Minnesota Vikings have tentatively agreed to buy four city blocks for $45 million from Avista Capital Partners, owners of the Star Tribune, as part of a broader plan to build a football stadium and develop surrounding land in downtown Minneapolis, sources close to the sale confirmed Thursday.

Guild officers at Strib feel like hospice workers

Pamela Miller - The Rake - 04 Jun 2007

"Brian's coverage of the misery at the Strib has been accurate and intelligent. I appreciate that. "But I wonder if you, the blog- and media-reading public, really care what happens to a bunch of middle-class journalists who will probably land on their feet. The real tragedy is not for journalists, but for you citizen consumers of news, who now will find less of it, written more hurriedly by fewer people, in their local paper AND at that paper's website.

Special Report:

As jobs fade and demands grow -- what gets lost?

Joe Strupp - Editor & Publisher - 03 Jun 2007

With thousands of job cuts in recent years, costly news coverage that includes two foreign wars, and ever-escalating demands for Web content, newspapers these days are being forced to do more with less.

Strib editor defends shake-up -- promises more local coverage

Joe Strupp - Editor & Publisher - 14 May 2007

Editor Nancy Barnes of The Star Tribune in Minneapolis defended the ongoing newsroom shake-up that is likely to mean reassignments for 100 editorial staffers, from reporters to designers, saying the changes will result in more local news coverage and enterprise reporting.

Many cuts and crises at a paper

David Carr - The New York Times - 13 May 2007

Last Thursday afternoon, more than a hundred employees of The Star Tribune in Minneapolis took to the small park across the street, many of then dressed in black or wearing black armbands in what they said was an act of mourning.

Guild leader: Star Tribune newsroom shuffle may affect 100 beats

Joe Strupp - Editor & Publisher - 11 May 2007

As many as 100 newsroom staffers at the Star-Tribune in Minneapolis may be taken off their current beats and forced to apply for new assignments when a week-long shake-up is finished, according to a guild official who called the overhaul "the worst ever" situation for employees in her 19 years there.


Par Ridder

Star Tribune to cut staff as circulation, revenue fall

Matt McKinney - The Minneapolis Star Tribune - 08 May 2007

Bowing to the pressures of declining circulation and falling revenue, the Star Tribune on Monday announced a plan to cut 145 employees through buyouts or, if enough people don’t volunteer, layoffs.

Star-Tribune to cut 145 jobs, 50 in newsroom

Joe Strupp - Editor & Publisher - 08 May 2007

The Star-Tribune in Minneapolis revealed it would cut 145 positions companywide, a 7% cutback, with about 50 jobs lost in the newsroom.

Strib bloodletting begins anew

Ridder Still Secure as Publisher

Brian Lambert - The Rake - 05 May 2007

Thursday afternoon at the Star Tribune saw the paper's four metro columnists, Doug Grow, Nick Coleman, Katherine Kersten and Cheryl "CJ" Johnson called in to separate meetings with editors Nancy Barnes and Scott Gillespie and told, in so many words, that the paper was looking to scale back the number of columnists and would any of them care to raise their hands and volunteer for reassignment to the paper's suddenly thin -- and getting thinner -- ranks of street-level reporters?

When the newspaper becomes the news story

How has the Star Tribune done covering a lawsuit against the newspaper by the Pioneer Press?

Kate Parry - The Minneapolis Star Tribune - 30 Apr 2007

Most days, the Twin Cities newspaper war -- one of the last, great newspaper brawls in the country -- smolders behind the paper, ink and websites, invisible to readers.

Ridder's alleged 'Espionage'

The Associated Press - 15 Apr 2007

His password was "Mocha." But other data on Par Ridder's laptop computer would have been even tastier to his new bosses.

Singleton says he thought Ridder would stay for a long time -- as a revealing document emerges in lawsuit

Mark Fitzgerald - Editor & Publisher - 15 Apr 2007

MediaNews Group Inc. CEO William Dean Singleton says he never had a hint that Publisher Par Ridder was planning to decamp from the St. Paul Pioneer Press to the rival Minneapolis Star Tribune -- and allegedly take a ton of confidential material with him.

Pioneer Press sues Star Tribune, seeks ouster of publisher

John Welbes - The St. Paul Pioneer Press - 13 Apr 2007

The St. Paul Pioneer Press and its parent company MediaNews Group filed a lawsuit this afternoon against the newspaper's former publisher and others alleging they stole sensitive information as they left for new jobs at the rival Star Tribune in Minneapolis.


Par Ridder

Star Tribune sued over publisher

The Pioneer Press claims Par Ridder violated noncompete deals and stole sensitive information; Ridder says he will prevail.

Matt McKinney and Karen Lundegaard - The Minneapolis Star Tribune - 13 Apr 2007

The St. Paul Pioneer Press sued the Star Tribune on Thursday, claiming that Par Ridder, the newspaper's new publisher, violated an employment agreement with the Pioneer Press. The suit asks that he be removed and barred from working for the Star Tribune for at least a year.

Who's Minding the Story?

Star Tribune Takes Issue with McCollum's E-mail on D.C. Departures

Paul Schmelzer - Minnesota Monitor - 20 Mar 2007

When U.S. Rep. Betty McCollum sent out her weekly e-mail newsletter on March 5, the Minnesota Democrat included a farewell to the paper's longtime Washington reporters, who will continue working for the Strib's former owner, McClatchy.

The double dummy can be very smart

Allan Sloan - Newsweek - 19 Mar 2007

Tax law isn't exactly a bundle of laughs. But tax lawyers occasionally compensate by inventing hilarious terms like "horizontal double dummy" to describe the paper-shuffling that they do. Most of us, of course, wouldn't recognize a double dummy if we tripped over it (or is it them?).

A Ridder goes, but the paper endures

Joe Soucheray - Saint Paul Pioneer Press - 07 Mar 2007

Why Par Ridder went running to the Enemy Paper as its new publisher is a mystery he would not satisfactorily answer for this newspaper, nor, I suppose, does he have any obligation to reveal anything outside the boilerplate that guys like him must learn along the way.

Par Ridder named Strib publisher

Ken Doctor - Content Bridges - 06 Mar 2007

Anyone who knew Knight Ridder and the Ridders might be surprised. But anyone who's worked in Saint Paul -- as I was fortunate to do from 1986-1997 -- would be shocked. Par, who is 38, wrote a to-the-point farewell letter to the newspaper's staff, which you can find below. He noted that it had long been the practice that a PP staffer defecting to the Strib would immediately clean out his desk and leave the building (actually started in the days of #2 pencil to #2 pencil staff raiding in the '90s).

Paper looks beyond Ridder

Publisher's exit surprised CEO

John Welbes - Saint Paul Pioneer Press - 06 Mar 2007

On a day when the publisher of one of his biggest newspapers darted across town to work for a larger local competitor, MediaNews CEO William Dean Singleton still sounded more concerned about the major problems facing his industry.

Par Ridder named Star Tribune CEO, publisher

St. Paul Pioneer Press publisher replaces J. Keith Moyer, who recently resigned after almost six years as Star Tribune publisher

Matt McKinney - The Star Tribune - 05 Mar 2007

Par Ridder, the former publisher of the St. Paul Pioneer Press and the son of a newspaper family that goes back more than a century, moved across the river on Monday to lead the Star Tribune as publisher and CEO.

Avista to take ownership of Star Tribune

Unit officers urge no cutbacks to newsroom and online staff

Chris Serres - Star Tribune unit officer - 03 Mar 2007

A private buyout firm best known for frontier oil drilling will become the new owners of the Star Tribune.

FIVE DAYS TO GO

Guild unit officers - www.stribguild.com - 01 Mar 2007

Thanks to all who came to today's stewards meeting. Great attendance, great discussions, great group wisdom (and a few not-bad jokes). The unit officers deeply appreciate your support. People are being thoughtful and sticking together as we face the unknown, and it's good to see.

Star Tribune publisher to step down

Matt McKinney - The Minneapolis Star Tribune - 18 Feb 2007

The publisher of the Star Tribune, J. Keith Moyer, announced his departure Friday to a surprised newspaper staff.

White knight turns pragmatist, and newspapers tremble again

Katharine Q. Seeley - The New York Times - 11 Feb 2007

Less than a year ago, Gary B. Pruitt, the head of the McClatchy Company, was hailed as the white knight of newspapers. While others saw the industry headed for the dinosaur graveyard, Mr. Pruitt rode in to buy the Knight Ridder papers, or some of them anyway.

Money Talks

McClatchy's disappointing decision to sell the Star Tribune

John Morton - American Journalism Review - 02 Feb 2007

It could be said of McClatchy after the unceremonious dumping of Minneapolis' Star Tribune that the bloom is off the rose. Of course, there was a foretaste of this with McClatchy's earlier decision to unload a dozen of the dailies the company acquired from the late Knight Ridder last year.

The waiting at the Strib

Stribbers bide their time; the Guild gears up for a fight

Steve Perry - City Pages - 24 Jan 2007

It was a month ago this week that McClatchy CEO Gary Pruitt announced the sale of the Star Tribune to Avista Capital Partners, and, big surprise, there are still few visible signals about the intentions of the new owners.

The truth on staffing at the Star Tribune

Chris Serres - www.stribguild.com - 22 Jan 2007

The notion that the Star Tribune newsroom is loaded with excess staff is false. John Oslund recently ran the numbers and found that our staffing is actually comparable, as a percentage of circulation, with two other newspapers -- the St. Paul Pioneer Press and Philadelphia Inquirer -- that already have slashed their newsroom payrolls.

Star Tribune Guild bulletin

Buyout update

www.stribguild.com - 18 Jan 2007

As many of you are aware, there is a provision in our bargaining agreement with the company that entitles Guild members to dismissal pay within five days after the sale of the Star Tribune. Management has communicated to the Guild that it will not challenge this provision, which means anyone who elects to resign and take dismissal pay is entitled to do so.

Pruitt Responds to 'Strib' Criticism: Selling Was 'Difficult'

Jennifer Saba - Editor and Publisher - 13 Jan 2007

Gary Pruitt, CEO of McClatchy, can now add Minneapolis to the list of cities where he is, at least right now, something of persona non grata -- the same city that put McClatchy and Pruitt on the map when the then small company maneuvered a $1.2 billion acquisition of the Star Tribune in 1998.

15 Star Tribune reporters look to the future of the paper

G. R. Anderson Jr. and Steve Perry - City Pages - 10 Jan 2007

It was a dark day in more ways than one when members of the Newspaper Guild, the union that represents Star Tribune newsroom workers, gathered last week on the second day of the new year to discuss the sale of the paper to a buyout firm, Avista Capital Partners.

Pruitt's Folly

Is there a smoking gun in the Strib fire sale?

Steve Perry - City Pages - 09 Jan 2007

When the McClatchy Company bought the Star Tribune from longtime local owners Cowles Media in March 1998, the transaction set a new high-water mark for newspaper sticker prices. The $1.2 billion McClatchy coughed up for the paper amounted to roughly 16 times the Strib's operating cash flow—its gross profits, essentially, before the additional costs of taxes and interest and sundry other accounting tricks were applied.



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