Newsonomics: The Thinking (and Dollars) Behind The New York Times’ New Digital Strategy

It was a quiet manifesto — an 11-page document that unofficially serves as The New York Times’ follow-up to the much dissected Innovation Report (Nieman Lab’s story about the Innovation Report is the most popular story in its history) of May 2014. (Look at the signatures at the bottom of this ...

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Gannett Joins the 100 club with Purchase of 15 More Dailies

Gannett may be struggling along with its peers, but it’s doubling down on the newspaper business. Today, the largest U.S. newspaper company by revenues (and second-largest globally, to News Corp.) bought 15 more dailies from the Journal Media Company. The price: $280 million, which represents a ...

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Behind The Scenes of the L.A. Times Buyout Drive

Veteran Los Angeles Times staffers looked at Page One today and believed the company had sent them a strong message, on this, the long-awaited day when buyouts were announced in the newsroom. Encircling Page One, an all-enveloping American Airlines ad, which left room for three stories on the ...

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What Axel Springer’s Big Business Insider Buy Means

Axel Springer is in business. The massive and growing Berlin-based media company won the business-news franchise it had sought, as the sale of six-year-old Business Insider to Springer was announced this morning. The announcement came in the early morning hours, Eastern time, an unusual hour ...

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Newsonomics: The Washington Post Offers an Arc in the Storm

Do you remember where you were when you heard that Jeff Bezos bought The Washington Post? Okay, that’s a bit too dramatic. But: Do you remember how surprised you were when you heard that Jeff Bezos bought The Washington Post? Bezos bought the Post from the Graham family a little more than two ...

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Jeff Bezos (Finally) Pumps Up the Post with Prime

In a potentially game-changing move, Amazon will begin offering free to dirt-cheap subscriptions to The Washington Post to its tens of millions of Prime members, I’ve learned. The program begins today. While Amazon has never released the number of its Prime memberships, the latest estimates ...

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What Are They Thinking? Gerry Baker on WSJ Pro’s Mile-Deep, Inch-Wide Strategy

There are the pros and then there are the Pros. What separates them is about $2,000 a year. That’s the price of the Wall Street Journal’s maiden WSJ Pro product – this one on central banking – and the four to six to be launched by end of the next year. For Dow Jones CEO... Read More

The Jack Griffin – Eli Broad Stare-Down in L.A.

It’s power vs. power. Who will blink first — and, importantly, how quickly? On Thursday, a group of 60 Los Angeles civic leaders, topped by two former mayors and such heavyweights as Mickey Kantor, chairman of the Los Angeles 2020 Commission; Anthony Pritzker, managing partner of the Pritzker ...

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Could Beutner Return, With Broad In Tow, To The LA Times?

Maybe it’s an L.A. thing, but Austin Beutner, ousted from his position as publisher of Tribune Publishing’s California newspaper group, almost seemed to be channeling Arnold Schwarzenegger yesterday: “I’ll be back!” Knowing that his entry card, his email address and his job as publisher ...

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What Are They Thinking? Cox’s Dawg Nation Itches the Local Niche

Mike Joseph, executive vice president of the Cox Media Group, needs a big nutcracker. ”We can win local,” he recently told a newspaper conference. “But national is a different story.” (Here he was referring to the quickening loss of national advertising dollars.) “So I got 58 million dollars I ...

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