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.
The bankers are now hired. Is the early 2019 newspaper chain M&A face-off now getting serious? It’s reminiscent of an earlier brand of warfare. Newspaper chains — all cutting desperately, each facing a shortening deadline to make a “digital transition” — line up their dealmaking armies, ...
Alden’s going to snatch Gannett! No, Gannett’s going to turn the tables and buy Alden’s Digital First Media! But wait, Gannett will reject Alden — is that a real offer? — and turn its attention to merging with Tribune! No, Tribune — having dispatched its CEO Justin Dearborn to clear the way for ...
While it still requires some deal jiu-jitsu, Tronc looks to be on the brink of being broken up. Will Wyatt’s new Donerail Group, several confidential sources tell me, has now gotten the financing in place to do a deal to buy Tronc. Donerail would purchase Tronc’s 10 daily newspaper properties, ...
Michael Ferro has left the room. Tronc announced Friday that Merrick Media, the Ferro-led, Chicago-based investment firm had sold its 25% stake in Tronc. The hometown Chicago Tribune tries to tell us more about Sargent McCormick, the buyer of Merrick’s stake. We do know of his interest in the ...
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 ...
It almost sounds like a riddle: What’s a Tronc without the L.A. Times? As the Tronc sale of the Times and the San Diego Union-Tribune finalizes, now most likely in mid-April, the next question arises: What becomes of Tronc? Its eight remaining titles own an impressive history and still play ...
Updated later March 19, 7:52 p.m.: So what led Tronc chairman Michael Ferro to suddenly “retire” today? I throw around some ideas in the piece below, published early afternoon, but it looks as if we have a definitive answer. Fortune’s Kristen Bellstrom and Beth Kowitt broke the ...
Patrick Soon-Shiong has finally won his hometown prize. After a number of years of trying to buy his local paper, Los Angeles’ richest billionaire has seized an unpredictable opportunity. In a move that’s shocking but not really surprising, 65-year-old Soon-Shiong will pay a chunk of ...
In the latest stunning development at the Los Angeles Times, Tronc is moving two of its top executives to new roles, I’ve learned. As conference calls consumed key Tronc executives this weekend, the still-in-process battle plan now includes the end of embattled Times editor-in-chief Lewis ...
All of the furor consuming the Los Angeles Times’ newsroom over the past half-year may just be a prologue. Tronc has apparently made operational a newer entity — Los Angeles Times Network LLC — to launch its just-revealed-to-investors strategy of major content creation, distribution, and ...
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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.
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