[Nervous Media Moguls] Over the past five years, MediaNews Group owner and Salt Lake Tribune publisher Dean Singleton has snapped up newspapers like a brown trout leaping for a nymph hatch. Unfortunately, the economy is tanking in tandem with dramatic drops in daily newspaper readership.
So, the guy owns a chain of newspapers and a boatload of debt. And Singleton is nervous.
The following two-page memo (click images for full size) to MediaNews staffs around the country dated Aug. 8, recently found its way to the City Weekly newsroom. But no way is anyone in Denver pushing the panic button. Or the Easy Button. (Holly Mullen)