• Home
  • About me: Jim Fitzpatrick
  • Contact

JimmyCsays: At the juncture of journalism and daily life in KC

Feeds:
Posts
Comments

The Philadelphia Inquirer and Philadelphia Daily News take yet another gut punch

June 2, 2014 by jimmycsays

If you think The Kansas City Star is in trouble and is a shadow of what it used to be, let me tell you about a much larger city that has much worse problems with its metropolitan dailies.

The once-proud Philadelphia Inquirer and its sister tabloid, the Philadelphia Daily News, have been lurching from one owner to another the last eight years.

The ownership merry-go-round started in 2006, when the McClatchy Co. bought the Philadelphia papers, along with about 30 other Knight Ridder papers, including The Kansas City Star.

However, McClatchy promptly sold the Philadelphia papers and several other Knight Ridder properties it didn’t want.

Since then, The Inquirer and the Daily News have had five ownership changes, and another was in the works, after two warring groups of co-owners competed last week in a court-ordered auction for the right to buy out the other.

Two men named Lewis Katz and H.F “Gerry” Lenfest won with a bid of $88 million for the two papers…That was over and above the $55 million that the ownership group they were part of paid $55 million for the papers in 2012.

After last week’s auction, the future of The Inquirer, the Daily News and the papers’ Philly.com website looked brighter than it had in a long time. Katz, the newsroom favorite, was regarded as someone who wanted to steer the papers toward serious journalism. He had rehired a popular editor, whom one of his ownership partners, George Norcross, had fired.

Plus, Norcross, the leader of the competing ownership group,  had come to be viewed as a proponent of National Enquirer-type journalism.

But then, shockingly, the 72-year-old Katz was killed Saturday night in the crash of a small plane in suburban Boston. Everyone on board — four passengers, two pilots and a cabin attendant — died.

The group was about to head back to Philadelphia after a short trip to the Boston area, but the private Gulfstream IV never got off the ground.

Instead of lifting off, the aircraft plowed along the ground for 2,000 feet beyond the paved surface of the runway, struck an antenna and crashed through a chain-link fence before stopping in a gully. It exploded in flames and essentially disintegrated.

William Marimow, the editor whose hide Katz had saved, said he learned about Katz’ death at 7 a.m. Sunday.

katz

Katz

“Lewis, in my opinion, was really an extraordinary person,” Marimow said. “He loved journalism. He loved the Inquirer, and I think he really relished his ability to rub shoulders with editors and reporters and photographers. You could feel he genuinely liked being in the company of the newsroom…We are really, really going to miss him.”

Katz and made a fortune in the parking lot business and went on to own basketball’s New Jersey Nets and hockey’s New Jersey Devils.

And so The Inquirer — which was owned by the legendary Walter Annenberg for many years and which won seventeen Pulitzer between 1975 and 1980 — has once again been flung onto the shores of uncertainty.

So, Kansas Citians, we can at least be grateful that although McClatchy overpaid badly for the Knight Ridder papers in 2006, ownership of The Star has been stable. In addition, Editor Mike Fannin recently told the members of the Forty Years Ago Column Club that both McClatchy and The Star are now profitable.

The Star might be thin and light, but at least it’s stable, thank God.

**

My friend Jason Schneider, a frequent commenter, sent along this photo on Monday, with this comment: “The Star is in trouble.”

He took the photo outside an office building at 45th Street and Belleview Avenue.

20140527_122931

 

 

 

Share this:

  • Click to share on Facebook (Opens in new window) Facebook
  • Click to share on X (Opens in new window) X
Like Loading...

Related

Posted in Uncategorized | 2 Comments

2 Responses

  1. on June 2, 2014 at 4:01 pm John Altevogt's avatar John Altevogt

    But is that a good thing? The question shouldn’t be “are we still scrimping by delivering an inferior product that half of our market area can’t stand?” The question should be how can they improve their current business model to provide a better service and as long as we’re stuck with McClatchy nothing is liable to change.


    • on June 2, 2014 at 4:37 pm jimmycsays's avatar jimmycsays

      I guess there’s an outside chance that better times are ahead. It would take a return to better profit margins, however, and frankly I doubt that McClatchy would put any extra returns into their papers; they’d use it to pay down debt.

      So, we’re probably hosed, as far as putting more money in the product is concerned.



Comments are closed.

  • Pages

    • About me: Jim Fitzpatrick
    • Contact
  • Archives

    • April 2023
    • February 2023
    • January 2023
    • December 2022
    • November 2022
    • October 2022
    • September 2022
    • August 2022
    • July 2022
    • June 2022
    • May 2022
    • April 2022
    • March 2022
    • February 2022
    • January 2022
    • December 2021
    • November 2021
    • October 2021
    • September 2021
    • August 2021
    • July 2021
    • June 2021
    • May 2021
    • April 2021
    • March 2021
    • February 2021
    • January 2021
    • December 2020
    • November 2020
    • October 2020
    • September 2020
    • August 2020
    • July 2020
    • June 2020
    • May 2020
    • April 2020
    • March 2020
    • February 2020
    • January 2020
    • December 2019
    • November 2019
    • October 2019
    • September 2019
    • August 2019
    • July 2019
    • June 2019
    • May 2019
    • April 2019
    • March 2019
    • February 2019
    • January 2019
    • December 2018
    • November 2018
    • October 2018
    • September 2018
    • August 2018
    • July 2018
    • June 2018
    • May 2018
    • April 2018
    • March 2018
    • February 2018
    • January 2018
    • December 2017
    • November 2017
    • October 2017
    • September 2017
    • August 2017
    • July 2017
    • June 2017
    • May 2017
    • April 2017
    • March 2017
    • February 2017
    • January 2017
    • December 2016
    • November 2016
    • October 2016
    • September 2016
    • August 2016
    • July 2016
    • June 2016
    • May 2016
    • April 2016
    • March 2016
    • February 2016
    • January 2016
    • December 2015
    • November 2015
    • October 2015
    • September 2015
    • August 2015
    • July 2015
    • June 2015
    • May 2015
    • April 2015
    • March 2015
    • February 2015
    • January 2015
    • December 2014
    • November 2014
    • October 2014
    • September 2014
    • August 2014
    • July 2014
    • June 2014
    • May 2014
    • April 2014
    • March 2014
    • February 2014
    • January 2014
    • December 2013
    • November 2013
    • October 2013
    • September 2013
    • August 2013
    • July 2013
    • June 2013
    • May 2013
    • April 2013
    • March 2013
    • February 2013
    • January 2013
    • December 2012
    • November 2012
    • May 2012
    • April 2012
    • March 2012
    • February 2012
    • January 2012
    • December 2011
    • November 2011
    • October 2011
    • September 2011
    • August 2011
    • July 2011
    • June 2011
    • May 2011
    • April 2011
    • March 2011
    • February 2011
    • January 2011
    • December 2010
    • November 2010
    • October 2010
    • September 2010
    • August 2010
    • July 2010
    • June 2010
    • May 2010
    • April 2010
    • March 2010
  • Enter your email address to subscribe to this blog and receive notifications of new posts by email.

    Join 567 other subscribers

Blog at WordPress.com.

WPThemes.


  • Reblog
  • Subscribe Subscribed
    • JimmyCsays: At the juncture of journalism and daily life in KC
    • Join 567 other subscribers
    • Already have a WordPress.com account? Log in now.
    • JimmyCsays: At the juncture of journalism and daily life in KC
    • Subscribe Subscribed
    • Sign up
    • Log in
    • Copy shortlink
    • Report this content
    • View post in Reader
    • Manage subscriptions
    • Collapse this bar
 

Loading Comments...
 

You must be logged in to post a comment.

    %d