From the La Jolla Patch…
Publisher reportedly has cash available for acquisitions, sees U-T revenue growing
by Ken Stone
Excerpts from the article…
A day after U-T San Diego announced plans to buy the North County Times, the company’s CEO reportedly told a private gathering that the U-T hopes to become a national media power with additional purchases—perhaps including the Chicago-based Tribune Co.
(John Lynch) On U-T editor Jeff Light: “He’s brilliant, No. 1. He’s probably a little more liberal than either Doug [Manchester, the publisher] or myself. … I must tell you, we allow the news department to do their own thing. We’re not dictating what the news is. On the other side, we’re totally dictating what the editorial [page] policy is.”
Read the entire article at Patch.