Newsonomics: Still Another Tronc Drama, As John Lynch Re-Enters The Business

Tronc doesn’t do anything by the book. Even as much of the company’s turbulence looks to be clearing, new questions are emerging about who will next lead the big metro chain. Softbank and Apollo Global Management have reportedly expressed real interest in buying the company, but much more ...

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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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The Great Devaluation of the American Daily Newspaper

James Dolan surprised many casual observers of the flailing newspaper trade when he suggested he might bid on the for-sale New York Daily News—and offer a dollar. But the dollar is a good proxy for the familiar question mark, as in who the hell knows what a newspaper property is worth these ...

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Newsonomics: Tribune Publishing Wraps Its Arms Around San Diego — and All of Southern California

Update: Sales announcement at $85 million here   Southern California, poking northward into Santa Barbara and stretching southward to the Mexican border, will soon become Tribune Territory. In a deal intended to be soon announced, Tribune Publishing will buy UT San Diego (the former San ...

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What Are They Thinking? Tribune in Final Bidding to Buy U-T San Diego

Tribune Publishing is one of three final bidders on the acquisition of U-T San Diego, the entity formerly known as the San Diego Union-Tribune, according to several confidential sources. For Tribune Publishing, spun off from Tribune Broadcasting six months ago, San Diego—California’s second ...

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Newsonomics: Digital First Media’s Newspapers Half-Billion Dollar Pricetag (and California Schemin’)

Could the sale of the Digital First Media properties lead to the U.S.’s first quasi-national newspaper company? That’s the hope of DFM’s current owners, and the shiniest lure tossed out into the newspaper property marketplace by UBS, the unorthodox pick of DFM to be its banker/broker as its six ...

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What Splitsville Tells Us — and New Intrigue in L.A.

First published at Harvard’s Nieman Journalism Lab   Earlier, related posts: Tribune’s Latest Lease on Life                                        Split ‘Ems — & Then There Was Gannett                           ... Read More

The Newsonomics of Digital First Media’s Thunderdome Implosion (and Coming Sale)

Follow Newsonomics on Twitter @kdoctor First published at Harvard’s Nieman Journalism Lab   Today, we’ll hear official word of the demise of Project Thunderdome, one of the news industry’s highest-profile experiments in centralized, digital-first, mobile-friendly, new-news-partner ...

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The Newsonomics of Jeff Bezos Buying the Washington Post

First published at Nieman Journalism Lab It is a thunderbolt. If not tossed down from Mt. Olympus, it is thrown from Mt. Amazon, not far from Washington’s beatific Olympic Mountains. Jeff Bezos’s surprise buying of the Washington Post whipsaws media, and a media-watching world, intrigued by Red ...

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The Newsonomics of the Koch Brothers and the Sales of U.S.’ Top Metros

How did we get here? How did we get to a place where a half dozen of the top newspaper nameplates in America could fall into overtly political hands? What does it tell us about the reshaping of the U.S. daily landscape? How might the Koch brothers’ ownership fare, a lesson applied here that may ...

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