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The Los Angeles Times gets a fully staffed “burner account”
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“The term ‘news desert’ has been a shorthand, but the real problem here and elsewhere is that this region lacked the number of journalists it needed to thoroughly inform the public.”
We don’t wake up each morning to compete with a print daily, but rather to run our own local news and community model. That’s the key.
Lookout doesn’t want its local news sites to be a supplement or alternative to the local daily. They aim to be the news source of record in their communities, outgunning their shrunken newsprint rivals from Day 1.
“With this agreement, I am convinced we have assured the revival of The Times under local ownership.”
Can it attract a new editor of national stature with digital savvy? Or will continued chaos within Tronc scare talent off?
Will America’s third-largest newspaper group sell as a single unit or a collection of smaller clusters? And what would lead someone to buy newspapers in 2014, anyway?
The troubled paper has a new (interim) publisher, whose experience is in the casino business. Is there a bigger plan at work, or is Aaron Kushner just lurching from idea to idea?
The company, including flagship papers in Los Angeles and Chicago, now stands on its own. Can it navigate the next stage of its life — potentially into a new owner?
Plus: The pushback against Vox and The Intercept, Twitter’s data buy, and the rest of this week’s news and tech must-reads.
Project Thunderdome is dead and DFM will soon put its newspapers on the auction block. Are the new rounds of investors who bought into newspapers over the past half-decade getting antsy?