McClatchy Group

Overview

The US McClatchy group is a regional newspaper publisher.

The group

Sacremento-based McClatchy publishes 11 daily and 13 community newspapers - of which the most notable is the Star Tribune in Minneapolis/St Paul (formerly part of the Cowles group) - and the online Nando News service. It operates in Minnesota, California, South Carolina, North Carolina, Washington and Alaska. It has newsprint and other interests.

In March 2006 Knight Ridder, the second-largest newspaper company in the United States, agreed to sell itself for about US$4.5 billion in cash and stock to McClatchy, a publisher half its size.

One observer commented that "McClatchy is a dolphin swallowing a small whale", with others noting that McClatchy had previously engulfed Cowles interests that were around double its size. McClatchy announced that it aimed to sell 12 of the 32 Knight Ridder titles, including the Philadelphia Inquirer and San Jose Mercury News. It went on to sell the Minneapolis Star Tribune for US$530 million to Avista Capital in December 2006

The McClatchy family has a major stake in the Pittsburgh Pirates sports team.

Studies

There is no major study of the McClatchy family.

For the Daniels family, owner of papers acquired by McClatchy, see Josephus Daniels' memoir Editor in Politics (Westport: Greenwood 1977), Tar Heel Editor (Westport: Greenwood 1974), Shirt-Sleeve Diplomat (Westport: Greenwood 1973) and The Cabinet Diaries of Josephus Daniels, 1913-1921 (Lincoln: Uni of Nebraska Press 1963) edited by David Cronon. For his son, also a publisher, see Charles Eagles' Jonathan Daniels and Race Relations: The Evolution of a Southern Liberal (Knoxville: Uni of Tennessee Press 1982), Daniels' The Times Between the Wars: Armistice to Pearl Harbor (Garden City: Doubleday 1966) and The Gentlemanly Serpent and Other Columns from a Newspaperman in Paradise: From the Pages of the Hilton Head Island Packet, 1970-73 (Columbia: Uni of South Carolina Press 1974).