April 24, 2024
In five languages (English, Mandarin, Korean, Spanish, Portuguese and Russian) and two U.S. printing, “Newsonomics: Twelve Trends That Will Shape the News You Get” is the first Ken Doctor book. Sign up here for notice of the new Newsonomics Readers.
Alden’s going to snatch Gannett! No, Gannett’s going to turn the tables and buy Alden’s Digital First Media! But wait, Gannett will reject Alden — is that a real offer? — and turn its attention to merging with Tribune! No, Tribune — having dispatched its CEO Justin Dearborn to clear the way for ...
Read MoreThe news shocked long-time newspaper observers two months ago: “Tampa Bay Times to be sold to GateHouse Media in $79M deal.” Had GateHouse devoured yet another storied publisher? No: It was a FloridaPolitics.com April Fool’s prank played out to a near-incredulous audience. Mike ...
Read MoreIs there any chance Alden Global Capital might change course? The majority owner of Digital First Media — publisher of The Mercury News, The Denver Post, the St. Paul Pioneer Press, 11 Southern California dailies, and 49 others from California to Michigan to New Jersey — has faced a rising tide ...
Read MoreWhat are we to make of The Denver Post’s “extraordinary display of defiance”? As the paper’s editorial board, led by Chuck Plunkett, fired a fusillade of public protest on Sunday — publishing six pages decrying the paper’s owner, to the social congratulations of the news world — we may have ...
Read MoreIt almost sounds like a riddle: What’s a Tronc without the L.A. Times? As the Tronc sale of the Times and the San Diego Union-Tribune finalizes, now most likely in mid-April, the next question arises: What becomes of Tronc? Its eight remaining titles own an impressive history and still play ...
Read MoreThat’s the allegation now moving into Delaware’s Chancery Court. This week, Solus Alternative Asset Management LP accused Alden Global Capital — the increasingly maligned majority owner of Digital First Media — of “possible mismanagement and breaches of fiduciary duty.” The big charge: ...
Read MoreIs it really only the beginning of March? The news business’ gyrations seem to be moving at warp speed this year, and particularly this week, as two newspaper companies long in the news make new big moves. As Tronc reckons with the crash of its stock price and oh-so-private Alden Global Capital ...
Read MoreNo, the saga of the Los Angeles Times isn’t the only story in the newspaper world. It’s just that in its breathtaking oddness, it consumed the beginning of our year. Let’s begin with one question about the future of the Times, but then move on to other early-in-the-year questions that may tell ...
Read MoreCasual observers tell me it looks to them like Alden, DFM’s owner, is tiring of the business, as it cuts deeply in California and sees seasoned executives like Denver Post publisher Mac Tully and editor Greg Moore leave, fed up. Au contraire. On Wednesday, DFM more than doubled GateHouse’s ...
Read MoreThis is the year America wishes it could take a shower long enough to wash away the scum of daily mud-slinging. Remember 2016? Last year, it seemed as if Tronc was the most memorable word of the news year, a new media name seemingly invented as self-parody. In 2017, the memorable words tumble ...
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