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’s Adoption of Washington Post’s Arc Platform Doubly Important

This week in Austin, Texas, at the zoo that the South by Southwest Interactive Festival can be, Washington Post Chief Information Officer Shailesh Prakash entertained a few of the digital animals. Prakash, the Post‘s executive in charge of both product and technology, highlighted his pet ...

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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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Feds Sue Tribune Hours After It ‘Wins’ Bid for Freedom Communications

What 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 ...

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Newsonomics: Flipping Newspapers in the New Game of Monopoly

How far has the newspaper trade fallen?   RELATED ARTICLE As giant platforms rise, local news is getting crushed September 1, 2015     It’s been another depressing year for those who value robust local news. Yet Sheldon Adelson’s reluctant outing as the new owner of the Las Vegas ...

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Newsonomics: Could a Small Google Tech Change Mean Tens of Millions to News Publishers?

The late April news was impressive and divisive: Google would spend €150 million on a new Digital News Initiative (DNI) partnership with European news publishers (“Google to launch $150 million partnership with publishers”). The amount of money caught the eye, even if it was a tiny fraction of ...

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Newsonomics: In Toronto, Star Touch Aims to Write Anew on the Tablet

Can The Toronto Star have it both ways? Can it maximize the value of its print paper, continuing to extend that value proposition to advertisers and readers every which way — and find a new, large profitable audience with the launch of its La Presse-like tablet news product in mid September? ...

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Newsonomics: La Presse’s Bet on Tablets and Its Crossover Calculus

News of the tablet first came from the west. Steve Jobs celebrated the beginning of this decade with a few thousand of his fans: “We want to kick off the year and introduce a truly magical and revolutionary product.” Then it came from the East, with Rupert Murdoch’s The Daily, the first ...

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Newsonomics: Are Local Newspapers The Taxi Cabs of the Uber Age?

Traveling recently, I found myself needing transport from an offsite car rental facility near Portland’s airport. I called a recommended local taxi company and asked if it could pick me up there and take me downtown? “Yes,” came the answer. “How long?” “Soon as we can get there,” came the ...

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What Are They Thinking? Tribune in Final Bidding to Buy U-T San Diego

Tribune Publishing is one of three final bidders on the acquisition of U-T San Diego, the entity formerly known as the San Diego Union-Tribune, according to several confidential sources. For Tribune Publishing, spun off from Tribune Broadcasting six months ago, San Diego—California’s second ...

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