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Articles tagged Tronc (32)

“Any would-be scenarios involving Tronc include odd tradeoffs, weird valuations, and questions of sheer feasibility.”
For a company that’s known little but chaos in its short life, the degree of uncertainty is now as high as ever. Just about the only thing we know: Tronc execs will come out well in the end.
As much of Tronc’s turbulence looks to be clearing, new questions are emerging about who will next lead the big metro chain.
“To whom will we now turn to enliven the continuing conflagration that is the American newspaper industry?”
What are the first challenges the new ownership faces? What happens to the Tribune name? And could Chicago see two locally owned daily newspapers?
This is a golden age of American protest. It’s time to stand up and fight the vulture owners hollowing out local news.
Even without the L.A. Times, it still controls a lot of important newspapers. Will it sell them to Gannett, Murdoch, local individuals in each city — or to yet another private equity firm looking to strip papers for parts?
Three possibilities: Tronc merges with Gannett, Ferro tries to take the company private, or — maybe — Tronc begins to act more like a normal company.
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.
Does he really want to take on becoming the great consolidator of the American press, conquering once-mighty Gannett? Or will he exit the field — richer, but his ambitions humbled?