Newsonomics: Can The L.A. Times Pull From the Washington Post Playbook?

Pay 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 ...

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Newsonomics: Tronc & The Daily News, What To Make Of This Out-Of-The Blue Buy

For much of the winter and spring, Michael Ferro was uncharacteristically quiet. Once he’d defeated Gannett’s hostile takeover attempt of his newly named Tronc, Ferro seemed to cease being the center of the news industry storm. Some applauded; others privately told me they missed ...

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Chicago Sun-Times’ Fate Could Be Decided Soon

In Chicago, as post-Independence Day week unfolds, the countdown to the bedrock event in the Chicago Sun-Times’ future begins. While most cities’ last-standing largest dailies have a hard time telling you how they plan to be big and strong a decade from now, the second daily in ...

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The Sun-Times, Tronc and The Eisendrath Group: What’s The Number?

What’s the number? What’s the real number? That’s what the competition for the Chicago Sun-Times comes down to this week, and probably into next. On Monday, the Edwin Eisendrath group upped its ante to $15 million, drawing together would-be funding from a Chicago-only ...

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Will Tronc Get Squeezed Out of a Sun-Times Acquisition?

Credit the Cubbies. The Chicago Sun-Times, long the struggling second newspaper of the city, managed to about break even in 2016, even as the fortunes of the overall newspaper business took a turn for the worse. Why? In strong part, the Chicago Cubs broke their curse, and with a heroic World ...

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Michael Ferro’s Tronc Aims to Complete Chicago Domination With Sun-Times Purchase

Update: Final bids for the Sun-Times are now due on June 5: http://www.chicagotribune.com/business/ct-tronc-sun-times-deal-other-buyers-0601-biz-20170531-story.html   While Tronc chairman Michael Ferro has enjoyed the celebrity allure of his largest paper, the Los Angeles Times, it is in ...

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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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Newsonomics: Seven Foolish Media Questions For Foolish Times

Just swipe your phone these days and it feels as if The Onion’s done a hostile takeover of the known news world. Even Tronc’s escapades seem tame compared to the wider news of 2017. As April Fool’s Day approaches, I offer seven (real) questions in this springtime of the news business. What’s ...

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Newsonomics: Michael Ferro’s Creeping Privatization of Tronc

On Thursday, Michael Ferro solidified his control of Tronc, the company he seized a more tentative kind of control of just 13 months ago, deposing then-Tribune Publishing CEO Jack Griffin in a quick coup de press. This week’s move looked financial, but too, speaks deeply to power and control. ...

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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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