Gary Pruitt, chairman, president and CEO of The McClatchy Co., made headlines in 2006 when his company acquired Knight Ridder to become the nation’s second-largest newspaper chain. McClatchy’s stock price has plunged, but Pruitt says he has no regrets about the deal and believes newspapers have a strong future as they reinvent themselves as news information companies. As newspaper editors and executives meet in Washington this week, Pruitt will take over as chairman of the Newspaper Association of America.

QThe newspaper industry is experiencing the worst drop in advertising revenue in 50 years. Circulation numbers continue to fall as more people get their news from the Internet. Are newspapers dying?