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Knight Ridder Inc.P. Anthony Ridder is the CEO of Knight Ridder Inc.. McClatchy Company Buys Knight Ridder: On March 13, 2006, the McClatchy Company agreed to buy Knight Ridder for $4.5 billion in cash and stock. Prior to the sale, Knight Ridder Inc. was a public company based in San Jose California with two business segments: Newspaper and Online. It was the nation's second-largest newspaper publisher and the largest publisher of newspapers in America's big cities. The company published over 30 daily newspapers and over 50 non-daily newspapers, delivering news to 9 million readers each day. The San Jose Mercury News was Knight Ridder's flagship newspaper. While Knight Ridder was primarily a newspaper publishing company, it had a long and checkered history of involvement in electronic media projects. The company made an early and unsuccessful experiment with electronic news delivery using a system called videotex when it launched its Viewtron system in 1982, and was part of the ill-fated New Century Network project in 1994. Knight Ridder also had investments in a range of online services including CareerBuilder, Cars.com and Real Cities. In March 2005 the company acquired a 25% stake in Topix.net, which is a news aggregator and distributor offering news categorized by topic and geographic location. On the newspaper side, in February 2004 the company acquired Alliance Newspapers. And in February 2005, it acquired Priceless, LLC, a group of five free-distribution newspapers with a daily circulation of more than 55,000, located on the Peninsula south of San Francisco, California. Knight-Ridder, Inc., was formed in 1974 by a merger between Knight Newspapers, Inc., and Ridder Publications, Inc. In 1903, Charles Landon Knight purchased the Akron Beacon Journal. Knight Newspapers was founded by John S. Knight, who inherited the Beacon Journal from his father in 1933. Ridder Publications was founded in 1892 when Herman Ridder acquired the German-language Staats-Zeitung in New York. Both groups flourished, each taking its stock public in 1969. Contact Information
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