Nieman Foundation at Harvard
HOME
          
LATEST STORY
How The Globe and Mail is covering cannabis, Canada’s newest soon-to-be-legal industry
ABOUT                    SUBSCRIBE

Articles tagged Mike Reed (6)

“Content is our number-one priority,” Reed said. But he’s unwilling to publicly commit to any new level of funding or staffing to meet that goal.
“We’re never going to beat Google and Facebook in advertising. Let’s focus on what we can beat them at, and that’s being local and selling business owners something that they need terribly.”
The company — a giant bet on acquisition, consolidation, and cost-cutting — now owns more than 1 out of 10 American daily newspapers. What it plans to do with them remains unclear.
A leadership void in newspaper companies has opened up local journalism further to private equity firms looking to vacuum out profits.
As single-minded, profit-driven management drives down the local news business, where is its moral center — the one that long rested, if sometimes uncomfortably, alongside the demands of running a successful business?
Bidders are preparing their final bids for a hodgepodge collection of small and large newspapers from coast to coast. Will another company — or private equity — swoop them all up as one?