May 18, 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.
What are we to make of The Denver Post’s “extraordinary display of defiance”? As the paper’s editorial board, led by Chuck Plunkett, fired a fusillade of public protest on Sunday — publishing six pages decrying the paper’s owner, to the social congratulations of the news world — we may have ...
Read MoreThat’s the allegation now moving into Delaware’s Chancery Court. This week, Solus Alternative Asset Management LP accused Alden Global Capital — the increasingly maligned majority owner of Digital First Media — of “possible mismanagement and breaches of fiduciary duty.” The big charge: ...
Read MoreSteve Rossi, who has served as CEO of the country’s third-largest group of daily newspapers, Digital First Media Inc., stepped down on Monday, Oct. 23. Rossi retires from top post he took on 2-1/2 years ago. Then, in May 2015, he replaced high-profile “digital first” CEO John ...
Read MoreI’ve gotten feedback about vulture capitalists, hatchet men, and chop shops, and of close-to-retirement publishers getting that unexpected knock on the door from visiting corporate vice presidents. I’ve heard about 30-year-old journalists turning in their resignations, and other young reporters ...
Read MoreTwo months ago, Digital First Media’s deal to sell itself to Apollo Global Management collapsed (“Apollo withdraws from DFM deal, Paton leaves”), and its founding CEO (and would-be industry leader) John Paton said he would leave the company. Now, as of July 1, he’s gone. New CEO Steve Rossi, ...
Read MoreAnother way to look at it, at least for a moment, is through the eyes of these new owners. The owners are looking at their properties as the only advertising-oriented media that didn't make a comeback in 2010. With ad revenues down in single digits, the companies continue to shrink in revenue, ...
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