April 29, 2024
In five languages (English, Mandarin, Korean, Spanish, Portuguese and Russian) and two U.S. printing, “Newsonomics: Twelve Trends That Will Shape the News You Get” is the first Ken Doctor book. Sign up here for notice of the new Newsonomics Readers.
Tribune Publishing chairman Michael Ferro hasn’t said much in public since Gannett, the largest newspaper company in the U.S., went public with its hostile takeover bid for his company. But inside the company, publisher of a slate of struggling but nationally recognized broadsheets like The ...
Read MoreNow, in the likely last chapters of the Tribune saga, parody precedes event. As Justin Dearborn – sans his boss, Tribune board chairman Michael Ferro – outlined the company’s new “billion-dollar” thinking Wednesday, a column in LA’s Downtowner proceeded to steal his strategic thunder. Entitled ...
Read MoreOn 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 ...
Read MoreMeet Michael Ferro. Ferro, 49, is not yet three months in to his stint as chairman of Tribune Publishing, the newspaper company that owns and operates such august titles as The Chicago Tribune, The Los Angeles Times and The Baltimore Sun, and he is already fending off efforts from powerful ...
Read MoreAfter besting Tribune Publishing to win the Orange County Register and (Riverside) Press-Enterprise out of bankruptcy (“It’s official: Digital First Media defeats Tribune in bid for southern California newspapers”), Digital First Media has flipped the real estate that was included in the ...
Read MoreIf you think keeping track of Tribune Publishing’s many ups and downs has been hard for media observers, consider the issues within the company. For the second year in a row, TPUB’s annual 10-K filing has had to note “material weaknesses in the Company’s internal control over financial ...
Read MoreWhat started as a marathon has turned into an obstacle course. In today’s wee hours, just before dawn, Tribune Publishing was named as the “winner” in the Orange County Register bankruptcy auction. Tribune’s winning bid of $56 million in cash – topping high-end estimates of the combined value ...
Read MoreNothing is easy when it comes to newspapering in southern California. Two bids for the Orange County Register, and associated properties, are now in to a bankruptcy court, and my sources indicate they are on the “puny” side. That may not be surprising, considering the current dismal state of ...
Read MoreThe Jack Griffin era at Tribune Publishing is over – almost before it had really taken hold. The company this morning confirmed the sweeping reorganization of its top management that I had reported on Tuesday (“Michael Ferro Cleans The House That Jack (Griffin) Built”). In the sweep ...
Read MoreSome of Jack Griffin’s top executive hires will soon follow him out the door at Tribune Publishing. Griffin’s ouster, which I was able to break the news of one week ago (“Jack Griffin Out at Tribune”), turns out to be just the beginning of new Tribune Chairman Michael Ferro’s housecleaning. ...
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