Knight-Ridder Inc - History Of Ridder Publications, History Of Knight Newspapers, Operating As Knight-ridder Inc., Increased Focus On Online Technology
Knight-Ridder is the third-largest U.S. newspaper publisher with sales of $3.2 billion, roughly 22,000 employees, daily circulation rates of 9 million, and Sunday circulation rates of 13 million. Behind both Gannett and Tribune Co. in print operations, the firm is considered a leader in online newspaper publishing. However, despite the success of the firm's Internet operations, the North American economic slowdown in 2000 and 2001 prompted Knight-Ridder to lay off roughly 16 percent of its Internet-related employees.
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