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Media
Paper Pressure
Knight Ridder's largest investor, Private Capital Management, has demanded that the San Jose, Calif.-based media company put itself up for sale.
Most analysts attribute the company's woes to an ongoing nationwide decline in newspaper readership. Across the country, average readership has declined 2.6% on weekdays and 3.1% on Sundays. Here's how local papers stack up:
Newspaper | Daily Circulation | 6-Month Change | Sunday Circulation | 6-Month Change |
Miami Herald | 291,198 | -4.0% | 401,187 | -3.6% |
South Florida Sun-Sentinel | 227,294 | -2.7 | 322,445 | -4.0% |
El Nuevo Herald | 85,534 | -3.0 | 99,882 | No change |
Source: Audit Bureau of Circulation For more information: accessabc.com/freereports.htm |