Newsonomics: Thirst For Liquidity Drives The News Chain Consolidation Games

“People think nothing is happening, but that’s the farthest thing from the truth. Everybody is talking to everybody.” That’s the best quick summation I can offer of the first few months of what I called 2019 Consolidation Games back in January. That line, offered last week by one newspaper ...

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“Newsonomics: In The Consolidation Games, Enter The Bankers”

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, ...

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Newsonomics: Amid Screaming Alarms, Consolidation Mania Turns Feverish

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 ...

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Newsonomics: Newspapers In Name Only & Who’s Going To Build What Comes Next In Local?

Neil Chase knows the painful realities of managing and motivating a daily newsroom in 2018. “You can’t ask dedicated, veteran career journalists to completely change the way they work without explaining why,” the Mercury News executive editor said at a panel discussion I moderated at Stanford ...

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Newsonomics: The Ins And Outs Of A Potential McClatchy-Tronc Merger

Could McClatchy unexpectedly join Gannett and GateHouse as survivors in the game of the American daily newspaper consolidation? Could California become a new epicenter of the American local newspaper business? Could Patrick Soon-Shiong have found a bigger lab to test his theories of AI-enhanced ...

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Newsonomics: Newsprint Tariffs Gone, Print’s Heavy Boot Remains

The newspaper tariffs are dead. How big a difference will that make to those whose businesses still depends on dead trees?   RELATED ARTICLE Newsonomics: Newsprint tariffs are a Black Swan event that could speed up the death of U.S. newspapers July 20, 2018     On Wednesday, the ...

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An Outbrain For Newspapers: Headlines Network Launches

You can call it Outbrain for newspapers, if you want. Or perhaps a tamer Taboola. Tim Landon doesn’t particularly care how you characterize his latest network effort. Just click on his widgets – which you’ll soon see on hundreds of daily newspaper sites across the country, starting over the ...

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Apollo Withdraws from D.F.M. Deal, John Paton Leaves

As of today Apollo Global Management won’t meet Digital First Media’s price. That price tag of $400 million (“What are they thinking? Apollo’s acquisition of Digital First Media”) had been wavering as Apollo did its continuing due diligence over the last two months. “We have concluded we are ...

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Newsonomics: Single-copy Newspaper Sales Are Collapsing, and It’s Largely a Self-Inflicted Wound

Have you bought a lonely single copy of a newspaper lately, from a newsstand or a newspaper box? Probably not. Neither are many other people. Single-copy newspaper sales — which not that long ago made up as much as 15 to 25 percent of sales — are obsolescent, dropping in double digits per year ...

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Good Gracia Almighty; It’s What the Gannett CEO Didn’t Say That Matters

Follow Newsonomics on Twitter @kdoctor   First published at Harvard’s Nieman Journalism Lab U.S. daily publishers stiffened their stomachs, knowing that print ad revenues would continue in 2014, after three years of more or less 8% annual declines. The first quarter was decent, a ...

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