McClatchy CEO Gary Pruitt has stated that his publishing company may take a second look at its current relationship with CareerBuilder.com, reports Editor & Publisher.
Pruitt says its existing business terms per the Knight Ridder acquisition - and its stake in CareerBuilder - are no longer favorable.
A decrease in classifieds revenue are one component to those unfavorable contractual terms. Classifieds down 14.4 percent at the papers acquired in the Knight Ridder deal, while revenue increased 20.7 percent at McClatchy's own papers.
McClatchy is one of the publishers that, earlier this year, signaled its intent to join a consortium of newspaper titles in hooking up with Yahoo. That deal does not, however, include access to Yahoo's HotJobs site.
