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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Tribune Publishing Prepares to Play More Defense

After a mid-month lull, the drama of Tribune Publishing’s future is becoming more public again — on both coasts, and at the mothership in Chicago — highlighting a company still on the defensive. On Sunday, recently fired L.A. Times Publisher and would-be Times buyer Austin Beutner will get a ...

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Newsonomics: L.A. Consequential

It’s a trademark line of Austin Beutner’s: “I cannot imagine Los Angeles without a vibrant L.A. Times.” As anyone who follows media knows, the Los Angeles Times publisher’s imagination short-circuited the day after Labor Day, when he was fired by Tribune Publishing CEO Jack Griffin (“Tribune to ...

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