06/07/2009 05:12 am ET | Updated May 25, 2011

News Corp, New York Times, Gannett, Washington Post Named "Likely Survivors" Of Newspaper Shakeout

Clearly, News Corp. is going to be a survivor. The publisher of The Wall Street Journal and several other daily papers in the U.S. has some significant advantages. Rupert Murdoch has proven to be adept at managing the assets and capital structure of the company, and I expect him to continue to do so....I think New York Times Co. survives, simply because I cannot imagine a world without the Times. It will not be in its current form, however. ... Gannett is a likely survivor as well. In the long run, its flagship national daily, USA Today is probably going to benefit from the wave of closings we have been seeing. ...Washington Post Co. is going to survive as well. The company has cable and television operations, in addition to the Kaplan Educational division that supports the struggling newspaper.

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