MediaNews exec bails

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By G.W. Schulz

Just caught up with the scoop that young MediaNews executive Eric J. Grilly has resigned from the company to take over online operations for Philadelphia's two largest newspapers. The papers were purchased by a group of investors calling themselves Philadelphia Media Holdings last year for well over half-a-billion dollars from the Sacramento-based McClatchy Company.

Grilly made good money at MediaNews and it's difficult to imagine that his $350,000 annual salary could be topped to run some Web sites, but maybe he was simply looking for fresh air and, you know, esteem. As far as journalistic reputation goes, the Philadelphia Inquirer, included in last year's purchases, had a stellar reputation for tough investigations under Knight-Ridder, though it did suffer layoffs and bleeding.

Grilly became a MediaNews exec first in 2000 and only just last year ascended to the post of MediaNews senior vice president. His dad retired from a MediaNews corner office around the same time.

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