Tronc’s Latest Fusillade Targeting Soon-Shiong Gets to Core Question

Only one mystery is resolved. We now know what the much-ridiculed Tronc (TRNC) name means: acrimony. Tronc re-engaged in a war of words Thursday morning, as it told its now disgruntled, soon-to-be-ex Vice Chairman Patrick Soon-Shiong to put up or shut up in a new letter from its attorney, Yosef ...

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Tronc Investor Patrick Soon-Shiong Ups Stake Again in Battle for Control of Newspaper Giant

What’s a Tronc (TRNC) worth these days, or, more precisely, what’s a quarter of a Tronc worth in early spring 2017? That’s our media math question of the day. On Monday, Tronc Vice Chairman, would-be Friend of Trump, Los Angeles Lakers part-owner and anti-cancer crusader ...

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Newsonomics: Can a Ferro-Bezos Buddy Act Help Fend Off Gannett’s Bid for Tribune?

On Thursday, Tribune Publishing chairman Michael Ferro took to the airwaves, selling investors on his rejection of a seemingly generous takeover bid by Gannett. The company’s spent recent days talking up its potential for growth on its own — notably the planned “content monetization ...

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Apollo Seeks Purchase of Tribune — and Possible California Sell-Off

Is Rupert right? Friday afternoon, News Corp. CEO Rupert Murdoch tweeted the following message: “Strong word Tribune newspaper group to be bought by big Wall St firm, LA Times to go to philanthropist Eli Broad and local group.” He’s talking about a deal that has been brewing for at least 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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Tribune to Fire L.A. Times Publisher Austin Beutner

Updates on this story, at Politico Media   Tribune Publishing will announce Tuesday the termination of highly regarded L.A. Times publisher Austin Beutner, I’ve learned. Beutner’s leave-taking may be announced as a resignation. The firing is an unexpected one, though one built on ...

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Newsonomics: When News Companies Are No Longer Built To Last

I’ve gotten feedback about vulture capitalists, hatchet men, and chop shops, and of close-to-retirement publishers getting that unexpected knock on the door from visiting corporate vice presidents. I’ve heard about 30-year-old journalists turning in their resignations, and other young reporters ...

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How Interim is Everything About The Orange County Register?

Lots of words come to mind to describe Aaron Kushner’s Orange County Register. The best one may be the title that’s been given to Kushner’s successor as CEO and publisher: interim. Can we call the announcement of casino executive Rich Mirman as Kushner’s replacement a surprise? Hardly. That’s a ...

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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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Six Things to Consider About the New Los Angeles Register

Follow Newsonomics on Twitter @kdoctor First published at Harvard’s Nieman Journalism Lab   The last time a daily paper launched in L.A. was back in the Carter administration. The Valley Green Sheet, a green newsprinted shopper that would get thrown on my doorstep a few times a ...

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