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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Critics 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 ...
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The 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, ...
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How 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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If the newspaper industry was on thin ice a month ago, the financial meltdown has meant that the creaking and cracking is getting more audible. Think of it as a triple whammy for an industry used to declaring itself the victim of a perfect storm: First, the meltdown has deepened, widened and ...
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It’s time for second-quarter newspaper earnings reports, with Gannett leading off Wednesday, with the long tale of woe to follow. Given the many newspaper staff cutbacks, which I thought might include the investor relations people, I’ve put together a few boilerplate remarks that I ...
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Consider the new Big City American journalism and the emerging cast of characters owning it. It’s a page right out of the history books when a few well-heeled titans controlled the press, and its new incarnation could have all kinds of implications for the Yahoo Newspaper Consortium, for ...
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