EDITORIAL : A VOTE OF CONFIDENCE; OWNERSHIP CHANGE SHOWS FAITH IN DAILY NEWS' COMMUNITIES.?6 The announcement Thursday that William Dean Singleton William Dean Singleton is the chairman of the board of directors of the Associated Press, on which he has sat since 1999. He is also the founder, vice chairman and chief executive officer of MediaNews Group, the fourth-largest newspaper company in the United States in terms of is buying the Daily News signaled a change of ownership but not direction or commitment to the San Fernando Valley San Fernando Valley Valley, southern California, U.S. Northwest of central Los Angeles, the valley is bounded by the San Gabriel, Santa Susana, and Santa Monica mountains and the Simi Hills. and the surrounding valleys and communities. It was this time of year in 1985 that Jack Kent Cooke Jack Kent Cooke (25 October, 1912 – 6 April, 1997) was a Canadian-American entrepreneur who became one of the most widely-known executives in North American professional sports. purchased the Daily News from the Tribune Co. of Chicago. Just as Tribune had built on the traditions of the Mendenhall and Markham families, Cooke reached out to neighboring communities and turned the Daily News into Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. County's second-largest paper. In recent years, an expanded outreach and commitment to coverage of and involvement in community life has been led by President, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and Publisher Larry T. Beasley. The newspaper's sale was forced by Cooke's death earlier this year. Throughout its history, dating back to 1911, the Daily News has grown on a commitment to serving its communities. More than any other institution, the development of the Daily News has depended on and been parallel to the development of the San Fernando Valley and its neighboring valleys and communities. In talking to Daily News employees on Thursday, Singleton promised not only to continue this tradition, but also to strengthen it and the paper's local coverage throughout the region. As the president and chief executive of the privately owned MediaNews Group, Singleton brings new resources to the enterprise, including these sister papers: the San Gabriel Valley The San Gabriel Valley is one of the principal valleys of southern California. It lies to the east of the city of Los Angeles, to the north of the Puente Hills, to the south of the San Gabriel Mountains, and to the west of the Inland Empire. Tribune, Pasadena Star-News, Whittier Daily News and soon the Long Beach Press-Telegram The Long Beach Press-Telegram is a major daily newspaper published in Long Beach, California. Tracing its history to 1897, it is currently published by the Los Angeles Newspaper Group. External links
Singleton said that under his ownership of the Daily News, ``We'll give people more local news about their local lives. . . . This newspaper's a good newspaper. The last thing we need to do is change it. Improve it, yes, but not change it.'' The announcement of the Daily News' sale represents a changing of the guard and a vote of confidence in the newspaper and in the communities we proudly serve. |
|
||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion