Charlotte's Observer, the biggest (circ. 138,183) daily in the Carolinas, is a newspapering nugget of gold that seldom glitters. Its news pages are a typographical mishmash, its editorial voice a whisper. Yet because in its leisurely stride it picks up every crumb of news in its territory, the 82-year-old Observer is one of the biggest profitmakers of its size in the U.S.
Since its longtime publisher, Curtis Johnson, died last October, the rich daily has been run by an editorial board, overseen by banks, has had no top boss. Last week it got one....
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