April 25, 2024
In five languages (English, Mandarin, Korean, Spanish, Portuguese and Russian) and two U.S. printing, “Newsonomics: Twelve Trends That Will Shape the News You Get” is the first Ken Doctor book. Sign up here for notice of the new Newsonomics Readers.
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 ...
Read MorePay up. News readers get that message more and more frequently these days, as big news sites tighten up their paywalls, allowing fewer free articles per month. While The New York Times and The Washington Post, as well as The New Yorker and The Atlantic, have won the big Trump Bump digital ...
Read MoreMeet Michael Ferro. Ferro, 49, is not yet three months in to his stint as chairman of Tribune Publishing, the newspaper company that owns and operates such august titles as The Chicago Tribune, The Los Angeles Times and The Baltimore Sun, and he is already fending off efforts from powerful ...
Read MoreAfter 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 ...
Read MoreNothing 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 ...
Read MoreThe Jack Griffin era at Tribune Publishing is over – almost before it had really taken hold. The company this morning confirmed the sweeping reorganization of its top management that I had reported on Tuesday (“Michael Ferro Cleans The House That Jack (Griffin) Built”). In the sweep ...
Read MoreSome of Jack Griffin’s top executive hires will soon follow him out the door at Tribune Publishing. Griffin’s ouster, which I was able to break the news of one week ago (“Jack Griffin Out at Tribune”), turns out to be just the beginning of new Tribune Chairman Michael Ferro’s housecleaning. ...
Read MoreTribune Publishing has parted ways with its CEO Jack Griffin, I’ve learned. In a fast-moving turn of events, unusually quick by corporate standards, newly minted Tribune Publishing board chairman Michael Ferro has orchestrated Griffin’s ouster — and directed the choice of his successor. Tribune ...
Read MoreThere’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. ...
Read MoreCompanion column: Santa Ana Showdown: Tribune’s Bid for Southern California Michael Ferro’s new title at Tribune Publishing is “non-executive chair.” Since Ferro’s company, Merrick Media, bought a major stake in Tribune earlier this month, he is behaving more like an executive ...
Read More