Should employees buy Knight Ridder newspapers?

Should employees buy Knight Ridder newspapers?

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Hey, here's a little of what they're saying. Personally, I'm rooting for 'em.

Some commentators have worried about what the apparent sale of the Knight Ridder chain will mean for journalism. Will the big-time industry players like Gannett, MediaNews or McClatchy get bigger at the expense of better? If Wall Street financial houses win the contest, will they treat newspapers like pork bellies – just another investment?

One hopeful sign in all of this is the decision of The Newspaper Guild-CWA, the union representing journalists and other newspaper workers, to enter the bidding fray on behalf of its members. If they are successful, the result would be a partly employee owned and partly “worker friendly” investor owned media company that would house up to 9 papers including the San Jose Mercury News, the Philadelphia Inquirer and the St. Paul Pioneer Press. It won’t be easy, because for the Guild to prevail, they will have to form a partnership with one of the other really “big time” bidders. Why not with the workers? It would certainly be a welcome development to see people who actually work in the journalism business have some real influence over their place of work. They understand that newspapers have to be more than black ink on dead trees.

For more, check 'em out here and here

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