Newsonomics: Canada’s Government Imagines What a News-Less Future Might Look Like

Given our stunning recent news weeks here in the U.S., you may have missed a little story from up north in mid-November. In what was truly an extraordinary statement, the government of Canada is now considering “what the media landscape would look like without the country’s two largest ...

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Newsonomics: Your Gannettenfreude Will Only Take You So Far

It seems to be going around this week, but try not to catch it: Gannettenfreude. While it might seem like a great, borrowed-from-the-Teutonic word for a soap opera-like, mangled newspaper M&A mess, Gannettenfreude may be even more pernicious. Gannettenfreude is the taking of delight in the ...

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Denverite Launches As First Of Would-Be Nationwide Digital-Only Local News Chain

Today, the news landscape in Denver gets just a little more crowded with today’s announcement of the launch of Denverite, about a month away. Denverite is part of a larger, if still tiny, local news reinvestment trend, but it is its lineage — both in funding and in thinking — that compels our ...

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Digital First Media’s Real Price for Southern California Papers: A Paltry $16 Million

After besting Tribune Publishing to win the Orange County Register and (Riverside) Press-Enterprise out of bankruptcy (“It’s official: Digital First Media defeats Tribune in bid for southern California newspapers”), Digital First Media has flipped the real estate that was included in the ...

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Newsonomics: In Southern California’s Newspaper Chaos, Is Anyone Really Speaking For The Readers?

William Baer, assistant attorney general in charge of the Department of Justice’s antitrust division, had already bluntly told all involved in the Freedom Communications newspaper bankruptcy auction that Tribune Publishing should stay out of the bidding. He sent an email two days before ...

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Feds Sue Tribune Hours After It ‘Wins’ Bid for Freedom Communications

What started as a marathon has turned into an obstacle course. In today’s wee hours, just before dawn, Tribune Publishing was named as the “winner” in the Orange County Register bankruptcy auction. Tribune’s winning bid of $56 million in cash – topping high-end estimates of the combined value ...

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Tribune, the Register Auction and DOJ’s Scarlet Letter

For those who have been following the ongoing tragicomedy of California’s dying newspaper industry, today, March 16, marks a climax. And as with all amazing stories, the moments leading up to that climax have made it a nail-biter. The real action is mundane enough: Today is the day that final ...

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Trash-Talking in the O.C., With Two Newspapers Hanging in the Balance

Nothing is easy when it comes to newspapering in southern California. Two bids for the Orange County Register, and associated properties, are now in to a bankruptcy court, and my sources indicate they are on the “puny” side. That may not be surprising, considering the current dismal state of ...

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Tribune Publishing Builds a Southern California War Chest

Chicago entrepreneur Michael Ferro will soon move across town, into the third-floor chairman’s suite in the legendary Tribune Tower. Yes, he’ll be 16 floors below Tribune Publishing CEO Jack Griffin, and the Tower is for sale anyway, but his new presence there will be something to watch. On ...

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Newsonomics: Are Post-Paton DFM Cuts More Than a Milking Strategy?

Two months ago, Digital First Media’s deal to sell itself to Apollo Global Management collapsed (“Apollo withdraws from DFM deal, Paton leaves”), and its founding CEO (and would-be industry leader) John Paton said he would leave the company. Now, as of July 1, he’s gone. New CEO Steve Rossi, ...

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