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You’re more likely to believe fake news shared by someone you barely know than by your best friend
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What We’re Reading
We keep an eye out for the most interesting stories about Labby subjects: digital media, startups, the web, journalism, strategy, and more. Here’s some of what we’ve seen lately.
The Morning Call / Jon Harris / Mar 29, 2021
Gary Lutin doesn’t want to spend $30-40 million on the Pennsylvania paper because it’s in his hometown (it isn’t) or he wants to save it from Alden Global Capital. “I do know a little bit about the area, but my interest in this is not sentimental. It’s a very practical thing. I’ve analyzed the units that Tribune has and based on the information available, this was one of a few that looked like they might be attractive opportunities. And when it became appropriate to narrow it down to one, this looked like the best one.”
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