Newsonomics: Softbank, Fortress, Trump – and The Real Story of Gatehouse’s Boundless Ambition

Sometimes when you connect the dots, you just get more dots. It looked like head-turning news: A Japanese company had taken control of one of America’s largest newspaper chains, New Media Investment Group, a.k.a. GateHouse Media. Tuesday’s headline: “Robotics and tech firm SoftBank Japan ...

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Newsonomics: The Financialization of News Is Dimming the Lights of the Local Press

There’s a nice scene in Hail, Caesar!, the Coen brothers’ latest movie, in which one Hollywood character astutely observes: “We’re not talking about money — we’re talking about economics.” Indeed. This year’s crazy-making U.S. presidential election further illuminates and blurs that divide. ...

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Sheldon Adelson Tightens Grip on Las Vegas Review-Journal

After a brief spell of normalcy seemed to return to the Las Vegas Review-Journal, all bets are now off. A new publisher has appeared overnight at the paper, a new editor will be installed as soon as Friday, and, sources tell me, stories involving new owner Sheldon Adelson are being reviewed, ...

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With Gatehouse Newspaper Chain on the Hot Seat, CEO Mike Reed Responds

Several mysteries tumbled out of Sheldon Adelson’s secret $140 million purchase of the Las Vegas Review-Journal in early December (“The new breed of newspaper mogul”). Some have been answered, and others hang in the air. One big one: seller Gatehouse Media’s own journalistic ethics. That’s a ...

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After Adelson: Gatehouse Moves to Repair Las Vegas Damage

The company that runs the Las Vegas Review-Journal is taking steps this week to repair its reputation after a series of reports of sketchy-seeming journalistic practices related to the recent sale of the newspaper to casino magnate Sheldon Adelson (“The new breed of newspaper mogul: On ...

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Newsonomics: Digital First Media’s Upcoming Sale Produces Some Surprises

Anxious journalists from San Jose to Saint Paul, New Haven to Novato await the final shouts of the Digital First Media auction. Bidding is still in progress, as DFM’s regional business heads coast to coast make presentations to would-be buyers, anonymous to them, by conference call. They share ...

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