Sure, there is a lot of crisis management involved when publications owned by newspaper organizations are sold under unfavorable economic conditions. This deal is relevant because it involves two organizations with outstanding management reputations - the Economist Group and the Poynter Institute.
While the weekly publication at issue - Congressional Quarterly - is a niche publication serving those with a sinificant interest in Washington affairs, its owner - the non-profit organization that owns the St Petersburg, Fl Times and runs the Poynter Institute in Florida is generally regarded as one of the most committed newspaper operations in the US. It is committed to quality and extensive journalism and public service in many aspects.
As management assessed the economic downtown on their operations, it appears to have become clear that a sale of this asset was in order.
Was this a desirable move or just a necessary one?
How do newspapers manage their slightly related assets in such a way that it helps the core newspaper get through the crisis, fundamentally changed or not?
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