Newsonomics: The Financialization of News Is Dimming the Lights of the Local Press

There’s a nice scene in Hail, Caesar!, the Coen brothers’ latest movie, in which one Hollywood character astutely observes: “We’re not talking about money — we’re talking about economics.” Indeed. This year’s crazy-making U.S. presidential election further illuminates and blurs that divide. ...

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With Gatehouse Newspaper Chain on the Hot Seat, CEO Mike Reed Responds

Several mysteries tumbled out of Sheldon Adelson’s secret $140 million purchase of the Las Vegas Review-Journal in early December (“The new breed of newspaper mogul”). Some have been answered, and others hang in the air. One big one: seller Gatehouse Media’s own journalistic ethics. That’s a ...

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The newsonomics of good news

2. Digital circulation vastly improves circulation revenue margins. Last week, faced with a Wall Street Journal renewal notice, I opted for digital-only for the first time, knowing that WSJ’s tablet format and easy right-hand navigation makes it far quicker to read than the paper version. That ...

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