Modern Era
In the late 1980s and early 1990s, Snedden created a plan to let the paper's employees buy the company and keep ownership local. This plan was under way at the time of Snedden's death in 1989, but by 1992, many of the paper's employees were nearing retirement age. This factor, and the need for costly upgrades to expand the paper onto the Internet, led to a decision to sell the News-Miner to Dean Singleton and Richard Scudder, co-founders of the MediaNews Group newspaper chain. In order to preserve the paper's independence—something desired by Snedden—the News-Miner was purchased by the family trusts of the two men, with ownership split 50/50 between the two trusts. Chuck Gray, the last publisher of the paper under Snedden's ownership (he served from 1989–1992), was retained as publisher emeritus in an advisory capacity. Paul Massey was named the first publisher of the post-Snedden era. He was replaced by Marilyn Romano in 2003. Romano took a job with Alaska Airlines in 2011 as regional vice president Kathryn Strle became the new publisher/general manager.
Read more about this topic: Fairbanks Daily News-Miner
Famous quotes containing the words modern and/or era:
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