SNPA Convention Update: What Recent Transactions Say About the Value of the Newspaper Franchise

Wall Street and the private equity funds that Veronis Suhler Stevenson represent believe that, even though newspaper revenues are relatively small today in comparison to total newspaper spending, the newspaper industry has the substance in its content to end up having a growth story again in the future. That was the message delivered at last week's SNPA Annual Convention by John S. Suhler, president, and James P. Rutherford, executive vice president, both of Veronis Suhler Stevenson.

Rutherford encouraged publishers to manage costs harshly and aggressively and to invest in online opportunities.

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