Tronc’s Latest Fusillade Targeting Soon-Shiong Gets to Core Question

Only one mystery is resolved. We now know what the much-ridiculed Tronc (TRNC) name means: acrimony. Tronc re-engaged in a war of words Thursday morning, as it told its now disgruntled, soon-to-be-ex Vice Chairman Patrick Soon-Shiong to put up or shut up in a new letter from its attorney, Yosef ...

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Newsonomics: Seven Foolish Media Questions For Foolish Times

Just swipe your phone these days and it feels as if The Onion’s done a hostile takeover of the known news world. Even Tronc’s escapades seem tame compared to the wider news of 2017. As April Fool’s Day approaches, I offer seven (real) questions in this springtime of the news business. What’s ...

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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 Investor Patrick Soon-Shiong Ups Stake Again in Battle for Control of Newspaper Giant

What’s a Tronc (TRNC) worth these days, or, more precisely, what’s a quarter of a Tronc worth in early spring 2017? That’s our media math question of the day. On Monday, Tronc Vice Chairman, would-be Friend of Trump, Los Angeles Lakers part-owner and anti-cancer crusader ...

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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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Ken Doctor: Michael Ferro’s Tronc Nears Purchase of Wenner’s Us Weekly

Tronc (TRNC) , the third-largest U.S. newspaper company, is closing in on a deal to buy Us Weekly from Jann Wenner’s Wenner Media. The purchase price likely would be in the $85 million to $95 million range, sources said, with Tronc chairman Michael Ferro believing the acquisition will ...

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MEDIAMASH: CNN, NBC Phone Home; NYT’s “The Daily” Pod; The Promise of Polgreen; Partly Cloudy in Tronckadelphia and the Oxymoronic Facebook Journalism Project

MEDIAMASH is Newsonomics’ new, occasional, quick take on the media business.     Could Two Phone Companies Own (TV) News? In addition to all its other delights, the Trump era looks like it will lay down a broad red carpet for more BIG, more corporate consolidation. We already knew that the ...

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Newsonomics: The 2016 Media Year By The Numbers, and A Look Toward 2017

2016 goes down as a memorable year for those in and around the media. Though audience levels have never been higher, the digital transformation burden weighed ever more heavily on news media’s back. Then “the media” saw itself pummeled endlessly in the run-up to the election and even more in ...

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Newsonomics: Your Gannettenfreude Will Only Take You So Far

It seems to be going around this week, but try not to catch it: Gannettenfreude. While it might seem like a great, borrowed-from-the-Teutonic word for a soap opera-like, mangled newspaper M&A mess, Gannettenfreude may be even more pernicious. Gannettenfreude is the taking of delight in the ...

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Picking Up the Pieces of the Broken Gannett–Tronc Deal

As Gannett’s deal to buy Tronc unwound in real time Thursday, punctuated by historic one-day share price slides, those in and around the deal struggled for words to describe it. Collapse. Hit the wall. Game over. However, for the money guys all around this deal, it’s a phenomenon they’ve seen ...

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