Newsonomics: A (Publishing) Obit For Michael Ferro

On Friday afternoon, Tronc announced that its lead shareholder Merrick Media, led by just-resigned board chairman Michael Ferro, was selling its entire stake in the company. McCormick Media — managed by Sargent McCormick, a distant relative of the McCormick family that controlled the Chicago ...

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What Are They Thinking: Two Guilds Gear Up for Digital Media Dominance

Cue up the soundtrack from Newsies: “In 1899, the streets of New York City echoed with the voices of newsies, peddling the papers of Joseph Pulitzer, William Randolph Hearst, and other giants of the newspaper world. On every corner you saw them carrying the banner. Bringing you the news for a ...

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The Newsonomics of Trust, News Trusts and Murdoch Trustworthiness

One reason News Corp. may move forward with the trust idea rather than a sale of the properties is that it may meet a market without buyers. With the Times’ losses, it’s tough to come up with logical buyers for the papers. Why mess with the market, though, if you can both perform an act of ...

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