Singleton retiring from MediaNews Group

Singleton William Dean Singleton, chairman of Mercury News owner MediaNews Group, is retiring as chairman of the company and as publisher of the Denver Post. Singleton, 62, co-founded MediaNews in 1984 with Richard B. Scudder, and it grew to become the country’s second largest newspaper company as measured by daily circulation. After MediaNews went through Chapter 11 bankruptcy proceedings, and Alden Global Capital became a major shareholder of the company, Singleton left the position of CEO in January 2011 but

Continue reading

Harpers prints devastating profile of Singleton

Singleton Dean Singleton is no longer running the MediaNews Group chain of 56 newspapers, such as the San Jose Mercury News, but he’s still publisher of the Denver Post and the company’s executive chairman. And, according to a profile in the September issue of Harper’s Magazine, he’s using his position in Colorado to push his political views. The Harpers story by Dave Sirota says the Denver Post has become so bastardized that it ran a profile of Singleton that called

Continue reading

Singleton out as AP chairman

Dean Singleton of Denver, who was replaced as head of MediaNews Group by John Paton earlier this year, is now leaving the chairmanship of the Associated Press board of directors. His five-year term has expired. The AP board has picked Mary Junck, chairman and CEO of Lee Enterprises, as the wire service’s new chairman. One of her first tasks will be to find a replacement for AP president and CEO Tom Curley, who announced earlier this week that he will

Continue reading

Singleton’s newspaper hero? Hearst

Singleton Here’s a link to a Q&A MediaNews CEO Dean Singleton did with one of his columnists at The Denver Post. Highlights include his praise for William Randolph Hearst, his love of chardonnay and his candid comments on how MS has reduced his mobility. He gets around on a scooter and worries that his body will become unusable before his brain deteriorates. He says he doesn’t use Facebook or Twitter, and is still a print guy who likes reading a

Continue reading

Singleton gets 3 more years on AP board

Singleton Dean Singleton, who is stepping down as CEO of MediaNews Group, has nonetheless been re-elected to the Associated Press Board of Directors for a three-year term. He’s currently chairman of the news cooperative’s board and there’s no indication that his status will change. Word of his re-election was carried in the last paragraph of an AP story about new additions to the AP board. MediaNews, owner of several Bay Area daily newspapers including the Mercury News, announced in January

Continue reading

Singleton out as merger rumors heat up

Singleton A day after Dean Singleton announced he was stepping down as MediaNews Group CEO, the Wall Street Journal reports that the hedge fund that apparently took control of MNG, Alden Global Capital, is looking to merge it with Freedom Communications, owner of the Orange County Register. Such a deal would bring together the Register with MediaNews Group’s nine Southern California newspapers, led by the Los Angeles Daily News. According to WSJ: The person familiar with the matter said Alden

Continue reading

Judge approves MediaNews bankruptcy plan

Lodovic and Singleton The AP is reporting that a federal bankruptcy judge in Delaware today approved the bankruptcy plan of the parent company of the Mercury News, Contra Costa Times, Oakland Tribune, San Mateo County Times and other MediaNews Group papers. The confirmation of the reorganization plan in Delaware puts Affiliated Media, the holding company for MediaNews Group Inc., on track to emerge from bankruptcy protection by April 1 and possibly as early as March 18, company spokesman Seth Faison

Continue reading

Objections filed in MediaNews bankruptcy

When MediaNews Group, owner of the Mercury News and other Bay Area dailies, announced on Jan. 22 that it was filing a “prepackaged” Chapter 11 bankruptcy petition, it said in a news release: … [the] prepackaged plan won approval from its lenders, which means that the plan can bypass any need for negotiation or debate in court, and instead can win approval with a minimum of delay. Chief executive Dean Singleton went on to say, “We already have the support

Continue reading

MNG execs to get big salaries despite bankruptcy

Jody Lodovic and Dean Singleton While most creditors have accepted 19 cents on the dollar, documents MediaNews Group has filed in bankruptcy court show the company’s chief executive, Dean Singleton (right), could get as much as $1.49 million in annual compensation while his heir apparent, Jody Lodovic (left), could get up to $2.25 million. Lodovic will receive: • a base salary of $1,006,000;  • 3% of the new stock of MediaNews;  • is eligible for a bonus of as much

Continue reading