Editor & Publisher
That's what Seattle Times Co. CEO
Frank Blethen said at a Columbia j-school-sponsored discussion. "The notion of investor-owned, that is mutually exclusive with public purpose. ...I'd rather have a crummy paper owned locally than a supposedly good paper owned in absentia."
Phil Bronstein responded: "If the San Francisco Chronicle had been locally owned, we might have been broke. Family-owned papers can be great papers, but depending on the commitment of the home office, a newspaper owned by someone who lives somewhere else can be a good newspaper."
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Blethen says he told his board he'll stay on the job until 2015 (E&P)
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Blethen withdraws from an area that he once fought to cover (Crosscut)
but the San Francisco Chronicle is broke. Losses of $1...
