April 19, 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.
Whenever the definitive history of daily newspapering is written, 2019 will be recorded as a major turning point. Today, one year-long drama comes to a close, or at least an act break: New Gannett, the result of America’s two largest newspaper companies merging, will become a reality as the ...
Read MoreAfter noisily consuming much of the news industry oxygen during the first half of 2016, the quiet currently emanating from tronc HQ seems almost unsettling. There have been no tronc announcements since the big news of Tribune Publishing re-naming on June 20. Gannett hasn’t made a peep since ...
Read MoreTribune 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 MoreIs Rupert right? Friday afternoon, News Corp. CEO Rupert Murdoch tweeted the following message: “Strong word Tribune newspaper group to be bought by big Wall St firm, LA Times to go to philanthropist Eli Broad and local group.” He’s talking about a deal that has been brewing for at least a ...
Read MoreFirst published at Harvard’s Nieman Journalism Lab Earlier, related posts: Tribune’s Latest Lease on Life Split ‘Ems — & Then There Was Gannett ... Read More
It’s a Koch-around. The unexpected, and real, interest of Charles and David Koch in buying all the Tribune papers has set off a public and labor furor ("The Newsonomics of the Kochs Rising and Uprising"). While the AFL-CIO itself has mounted a quite public protest, two of Tribune’s owners — ...
Read MoreCritics can say what they want about the diminishment about the L.A. Times. Its news presence and ability to set agendas, through its reporting and opinion pages, is certainly reduced, but it’s still got the only megaphone of its kind in town. As Gabriel Kahn, a University of Southern ...
Read MoreThe new board’s mandate, of course, is to maximize its take on the sale. Tribune newspaper profits run at the roughly $200 million level, maybe a third of which comes out of L.A. So, take the market multiple of 3 or 4 times that number as a price — or $600 million-plus — for the eight papers, ...
Read MoreHow did we get here? How did we get to a place where a half dozen of the top newspaper nameplates in America could fall into overtly political hands? What does it tell us about the reshaping of the U.S. daily landscape? How might the Koch brothers’ ownership fare, a lesson applied here that may ...
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