What can you spell with the letters KNIGHT RIDDER? That’s the idea Merc columnist Mike Cassidy floated in a column about the 27-ton signs that remain atop the 17-story building that used to house the newspaper chain’s headquarters in San Jose. Combinations readers suggested included Hit Red Ink, Ink Died, KR Thing Died, Right Nerd Kid, Righted Drink and Dirt Herding.
Knight Ridder became history in 2006, but its name still appears on the two largest signs in San Jose. The signs are about 20 stories up on the top of the office building at 50 West Fernando Street, where the now defunct newspaper company had its corporate headquarters. KCBS Radio and CBS5 KPIX-TV report that the building’s landlord is now offering to sell the signs for $2 million plus rent of $25,000 a month. The buyer’s name or message would
Knight Ridder chairman Tony Ridder cleaned out his desk a year ago, but his company’s signs — San Jose’s highest and perhaps largest — will remain a fixture in the South Bay skyline until the landlord at 50 W. San Fernando St. finds a tenant to replace the defunct newspaper company. KR occupied floors 15, 16 and 17 of the building, a total of 19,800 square feet. If those three floors were leased at the market rate of $2.65 per
Federal Judge Susan Illston (pictured) today (July 28) refused a request to issue a temporary restraining order to block McClatchy Co. from selling the Mercury News and other former Knight Ridder newspapers to MediaNews Group. But her ruling doesn’t mean the $1 billion sale will take place. The AP and the Sacramento Bee are reporting that the Department of Justice’s Antitrust Division has again asked for more time to review the transaction. Judge Illston rejected San Francisco powerbroker Clint Reilly’s
Two years ago, the Pulitzer committee turned down an entry from Knight Ridder’s Washington Bureau for its reports challenging the Bush administration during the build-up to the invasion of Iraq. “Those stories arguably were of Pulitzer Prize quality. After all, while much of the press joined in lock-step with the administration’s march to war, Knight Ridder (now McClatchy Newspapers) and its three correspondents [Jonathan S. Landay, Warren P. Strobel and John Walcott] had the courage to buck the tide and
A day before Knight Ridder faded into obsolescence, CEO Tony Ridder said, “I wish we had invented Google.” Think about that comment for a moment. Knight Ridder had purchased numerous “New Media” companies and formed its own digital division to distribute the content of its newspapers over the Internet. Ridder moved the company’s headquarters from Miami to San Jose to be closer to Silicon Valley. Yet, all of it wasn’t enough. That quote is part of a larger story posted
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