Ken Doctor: Michael Ferro’s Tronc Nears Purchase of Wenner’s Us Weekly

Tronc (TRNC) , the third-largest U.S. newspaper company, is closing in on a deal to buy Us Weekly from Jann Wenner’s Wenner Media. The purchase price likely would be in the $85 million to $95 million range, sources said, with Tronc chairman Michael Ferro believing the acquisition will ...

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Newsonomics: The 2016 Media Year By The Numbers, and A Look Toward 2017

2016 goes down as a memorable year for those in and around the media. Though audience levels have never been higher, the digital transformation burden weighed ever more heavily on news media’s back. Then “the media” saw itself pummeled endlessly in the run-up to the election and even more in ...

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Newsonomics: Your Gannettenfreude Will Only Take You So Far

It seems to be going around this week, but try not to catch it: Gannettenfreude. While it might seem like a great, borrowed-from-the-Teutonic word for a soap opera-like, mangled newspaper M&A mess, Gannettenfreude may be even more pernicious. Gannettenfreude is the taking of delight in the ...

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Picking Up the Pieces of the Broken Gannett–Tronc Deal

As Gannett’s deal to buy Tronc unwound in real time Thursday, punctuated by historic one-day share price slides, those in and around the deal struggled for words to describe it. Collapse. Hit the wall. Game over. However, for the money guys all around this deal, it’s a phenomenon they’ve seen ...

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Triple Witching This Week @Gannett? 3Q Earnings, “Significant Layoffs” & Tronc Closure

Early in the month, I reported an “imminent” sale of Tronc, publisher of a trove of newspapers including big-city broadsheets like The Los Angeles Times, Chicago Tribune and Baltimore Sun, to Gannett, publisher of USA Today as well as a vast array of regional newspapers around the ...

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Newsonomics: Why Doesn’t Gannett Just Drop Its Tronc Bid, and See What Happens With Its Stock Price?

When officials at Tronc (formerly known as Tribune Publishing) canceled a September roadshow highlighting to investors in a half-dozen cities the bright future of the company just a day after announcing it, speculation began in earnest among Tronc’s close watchers. Was it as mundane as trouble ...

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Tronc Considers a Counter to Gannett’s 3rd-Sweetened Offer

It’s apparently no longer a question of whether to sell or not, but for how much. For four months, Tronc – the company formerly known as Tribune Publishing, parent of The Los Angeles Times and The Chicago Tribune among other similarly august titles in smaller markets – has steadfastly and ...

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Tronc Awards Potential Millions to Two Top Execs; CEO, CFO Could Get Last Tronc Laugh if Gannett Buys the Company

In a move of perhaps canny timing, two top Tronc executives are now enjoying enhanced pay packages – ones that will pay out millions of dollars should Tronc be sold to Gannett or another bidder. Further, the possibility of sale – still a quite live one this summer – could be on the table ...

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Newsonomics: Tronc M, Tronc X, or Just Tronc — It’s Still in An Uncertain Position

Related column: A Tronc Tomorrow: The Return of Gannett and the Uberfication of News   Anyone looking for drama in today’s Tronc second-quarter financials was disappointed. No dramatic announcements, internally or externally — and not a peep out of Gannett of its intentions to mount a new ...

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A Tronc Tomorrow: The Return of Gannett and the Uberfication of News

  Related column: Newsonomics: Tronc M, Tronc X, or just Tronc — it’s Still in an Uncertain Position   Time for another Tronc (Tribune Publishing) quarterly financial report. Time for more intrigue. And this time, we can ask: what kind of surprise might tronc chairman and digital ...

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