What happened to McClatchy newspapers?
In February 2019, Forman emailed all staff to say about 10 percent of the newspaper chain’s employees would be offered voluntary buyouts. On February 13, 2020, McClatchy filed for Chapter 11 bankruptcy protection. The company cited pension obligations and excessive debt as the primary reasons for the filing.
What newspapers does McClatchy publish?
McClatchy Company Newspapers
- Anchorage Daily News.
- Fresno Bee.
- Modesto Bee.
- Sacramento Bee.
- Merced Sun-Star.
- San Luis Obispo Tribune.
- Bradenton Herald.
- The Miami Herald.
Who owns McClatchy newspapers?
Chatham Asset Management
McClatchy’s new hedge fund owner followed a similar path with two other media holdings. Chatham Asset Management, which took control of McClatchy Co. on Friday, followed a familiar path to ownership of the nation’s second-largest local news company.
What newspaper did vs McClatchy work for?
James McClatchy, an Irish immigrant, arrived in New York in 1841 at the age of 16. He found work at the New York Tribune and later heeded his boss Horace Greeley’s legendary advice: “Go West, young man.”
Is McClatchy public private?
In 2020, McClatchy transitioned to private ownership under Chatham Asset Management. Along the way, the work of journalists from our media companies has been honored with many awards, including more than 50 Pulitzer Prizes.
Is McClatchy public?
McClatchy went public in 1988. If the Chapter 11 plan gains court approval, McClatchy would become the latest newspaper company to fall under the control of Wall Street investors, an unlikely relationship that has become more common as the financial industry seeks to wring profits from an ailing business.
What is McClatchy advertising?
Locally-focused advertising expertise McClatchy offers our clients access to sought-after audiences in 29 markets and beyond via a robust suite of digital and traditional advertising solutions that can be built and scaled to help our local and regional partners grow their businesses.
What is the McClatchy Tribune?
On the C-SPAN Networks: The McClatchy Company is a publicly traded American publishing company based in Sacramento, California. It operates 30 daily newspapers in 15 states and has an average weekday circulation of 2.2 million and Sunday circulation of 2.8 million..
Does McClatchy own Miami Herald?
The Miami Herald is an American daily newspaper owned by the McClatchy Company and headquartered in Doral, Florida, a city in western Miami-Dade County and the Miami metropolitan area, several miles west of downtown Miami.
Who owns the Sacramento Bee newspaper?
The McClatchy Company
Its “Scoopy Bee” mascot, created by Walt Disney in 1943, has been used by all three Bee newspapers (in Sacramento, Modesto, and Fresno)….The Sacramento Bee.
| Front page of The Sacramento Bee, July 27, 2005 | |
|---|---|
| Type | Daily newspaper |
| Owner(s) | The McClatchy Company |
| Editor | Colleen McCain Nelson |
| Founded | 1857 (as The Daily Bee) |