April 26, 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.
Tronc doesn’t do anything by the book. Even as much of the company’s turbulence looks to be clearing, new questions are emerging about who will next lead the big metro chain. Softbank and Apollo Global Management have reportedly expressed real interest in buying the company, but much more ...
Read MoreIn Los Angeles, Soon-Shiong had been expected to close his close-to-$600 million deal for the Los Angeles Times and San Diego Union-Tribune by now. That expectation had been set by Tronc itself and others involved in the agreement. Sources say that the deal will soon close and that it’s been ...
Read MoreOn 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. ...
Read MoreOne reason News Corp. may move forward with the trust idea rather than a sale of the properties is that it may meet a market without buyers. With the Times’ losses, it’s tough to come up with logical buyers for the papers. Why mess with the market, though, if you can both perform an act of ...
Read MoreAll we can say with certainty: we’re witnessing the death and life of California news. Who will own the biggest news media? Who will manage the biggest news media? How much of a life in print will be left for newspapers as they go digital? And, of course, how many journalists will be paid to ...
Read MoreThe deep freeze in the U.S. newspaper market thawed a bit over the last couple of weeks. There really hasn't been much of a market for metro newspapers for almost half a decade. With advertising revenue down now 21 quarters in a row, it's near-impossible to fix a value on newspaper properties. ...
Read MoreYes, SDNN is an online site, while the Detroit Daily News in a print product, with some secondary digital presence to come. Both, though, point to an emerging reality: The rapid shrinking of daily newspaper companies is beginning to leave vacuums in local markets and marketplaces. Entrepreneurs ...
Read MoreThe top two Pulitzer dailies for local are not longer really daily. The Detroit Free Press staff, led by Jim Schaefer and M.L. Elrick, won for their investigations into former Mayor Kwame Kilpatrick's "pattern of lies." A half a continent ways, the East Valley Tribune, led by Ryan Gabrielson ...
Read MoreHard as it may be to believe, we may have entered a new rocky period for newspaper companies. It would be a period in which the real estate on which they sit determines their market value. Consequently, their real estate value may determine who wants to sell the newspaper property and who wants ...
Read MoreMy best guess: The Union-Tribune will get smaller and much more local-local focused. And that real estate under its building (and the Union-Tribune's other San Diego real estate holdings, which we assume are part of the deal), that may be a real motivator for the purchase. Commercial real ...
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