MPR's Bill Kling on suggestion he buy the Strib
Earlier today, MinnPost published an essay by a former vice president of Knight Ridder that made an audacious suggestion: Minnesota Public Radio's Bill Kling should buy the Star Tribune.
The story is sure to get a lot of pageviews, as it was linked on Romenesko, the popular media gossip site.
Strangely missing was any comment from the man himself. So we emailed Kling and asked him:
Is there any chance you would ever consider buying the Strib?
This afternoon, he responded.
I appreciate your question and it is a fair one. Unfortunately I have to reply by saying that "MPR does not comment on rumors or speculation about its business plans."
I'm sure Kling is flattered, but I wouldn't hold my breath waiting for him to take over the Strib. After all, Kling runs a $70 million operation that collects $40 million from member contributions. That's quite a different thing than the Strib, which last sold for $530 million in December 2006, and which MinnPost's own David Brauer values at a conservative $125 million.
I also doubt that Avista Capital Partners, which shelled out that $530 million, would be willing to sell it to Kling for $1, as the article's fantasy world suggests.
Hell, for a dollar, I might buy the Strib.
Get the This Week's Top Stories Newsletter
Every week we collect the latest news, music and arts stories — along with film and food reviews and the best things to do this week — so that you’ll never miss City Pages' biggest stories.
- Sketchy Toby Keith's I Love This Bar and Grill empire crumbles
Sat., Oct. 17, 12:00am
Sun., Oct. 18, 12:00pm
Fri., Oct. 23, 7:00pm
Sat., Oct. 24, 7:00pm
- Anti-abortion investigators' shocking revelation: U does research
- Top 5 Hate Mails of the Week: 'I can't believe Shitty Pages...'