Friday, December 23, 2005

Daily News publishers ride into sunset

Dave Price (left) and Jim Pavelich, co-publishers of the Palo Alto Daily News and its five sister daily newspapers, are stepping down from the company they started 10 years ago. Knight Ridder bought the Daily News in Feburary and the two publishers stayed on during the transition. KR also asked them to start free dailies in other U.S. cities. But in November, a group of shareholders demanded the sale of KR, which stopped all corporate expansion. As a result, Price and Pavelich decided to leave KR to move forward with their own newspaper projects elsewhere. (E&P's coverage) (AP story)

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