Former Newsday Publisher Robert Johnson (who headed the Times Mirror newspaper was sentenced last Friday to 15 months in federal prison and fined $50,000, following his plea to possession of child pornography and obstruction of justice.
Johnson, a top executive at Newsday from 1982 to 1994, also was ordered after imprisonment to serve 3 years of supervised release, undergo counseling for sex offenders, and have software installed on his future computers to monitor attempts to access child pornography.
Newsday is one of the liberal’s favorite East Coast papers, just after the New York Times, Washington Post and Boston Globe.
See the bias? What if Rush Limbaugh, Michael Savage or any other conservative in the media were convicted of child pornograhphy? Whouldn’t that rate a page one story today?
Did your newspaper even mention this? How about CBS news? NPR? Dan Rather?
On another happier note for newspaper executives, McClatchy’s CEO is getting a big pay raise. After McClatchy bought Knight Ridder and chucked the problem newspapers to MediaNews group, and other’s shopping the fire sale, they have not seen a vote of confidence from investors. Does that stop the cozy board from rewarding their boss? No.
The McClatchy Co. chief executive officer Gary Pruitt will earn $1.1 million next year, a 4.8 percent increase from his salary this year, according to documents filed this week with the Securities and Exchange Commission.
Pruitt, the highest-paid chief executive of a publicly traded company in the Sacramento region, could earn another $1.38 million from an annual bonus if he reaches specific performance goals that have not been determined.
The Sacramento-based company bought Knight-Ridder this past summer, adding 20 newspapers — and selling off a dozen others, including the San Jose Mercury-News and the Philadelphia Inquirer.
The deal made McClatchy (NYSE: MNI) the nation’s second-largest newspaper chain. Its publications include The Sacramento Bee, Star Tribune of Minneapolis and the Miami Herald.
McClatchy’s compensation board also detailed the base salary and maximum bonuses for other senior executives this week. Vice presidents of operations Bob Weil and Frank Whittaker will each earn $600,000 next year, with a 60 percent of base salary as a maximum bonus — or $360,000 each. Vice president and chief financial officer Pat Talamantes’ salary is $500,000 with a 55 percent maximum bonus, while vice president of news Howard Weaver will earn $400,000 with a 50 percent of salary bonus target.