Romenesko

Romenesko Memos
That's according to MediaNews' top two execs, who have done a lot of cutting recently. "The recent necessary downsizing at some of our newspapers was a difficult decision, from both a personal and professional perspective," write Dean Singleton and Jody Lodovic. RE DEBT: "Given the economic environment we are in, we would rather have less debt. But, this is not our first rodeo. In the last newspaper recession (in the early nineties), we operated with higher relative levels of debt. We came out well positioned and led the industry in growth for much of the next decade. With our collective efforts, we will lead the charge again!"