Gary Pruitt
Gary Pruitt
Gary B. Pruittis the President and CEO of the Associated Press and was the CEO, president, and chairman of the board of the McClatchy Company...
care fit retaining sell sorry
We care who we sell to, and we care about these papers. We are sorry that we're not retaining them and that they don't fit, but they will fit other companies' strategies.
ads continue hard newspapers performance retail sluggish smaller sure
We do think that retail will continue its sluggish performance and we're working hard to make sure that we're getting more smaller ads in the newspapers to make up for that,
further journalism plan sustain
We plan to maintain, sustain and further the journalism at these newspapers.
earnings estimates fourth good led raise
We are having a good fourth quarter, which has led us to raise our estimates of full-year earnings for 1999.
newspapers view wisdom
The conventional wisdom is that newspapers are dead. That's the view out there, but it couldn't be more wrong.
begun exact marketing papers received sold
We don't know how these will be sold or the exact structure. ... We have begun marketing these papers today. We have received inquiries already.
able tough advertising
We are generally pleased that we were able to report a solid quarter in a tough advertising environment,.
sunday weekend years
Christmas was on a Sunday in 2005, which had a greater than expected negative impact on retail and classified advertising during the last weekend of our fiscal year. In addition, our California papers had held up well in automotive advertising, but the industry-wide decline in this category reached them in the fourth quarter as well.
views trends december
Advertising spending continues to be somewhat choppy in our markets, but we do not view December's results as indicative of a trend in advertising performance going forward.
real government talking
It's created a very real chilling effect among our sources. They've become nervous about talking with us. They don't want their phone numbers associated with us. And government employees who previously routinely talked to us, now won't.
below december per resulted results
December advertising, which was down one per cent, resulted in fourth-quarter results below our expectations.
hear newspapers wisdom
I know what the conventional wisdom is. We hear it all the time: Newspapers are dead. That's all we hear. ... That's just wrong, it really is wrong.
fit operating simply standing terrific
These are terrific publications but simply do not fit with our long- standing acquisition and operating strategies.
athletic facility priorities
Football, soccer, rugby, lacrosse are going to probably be the priorities from an athletic facility standpoint,