Will Chatham Asset Management, the hedge fund set to gain control of the company, want to operate it after bankruptcy? Or will it look to cash out via merger as quickly as possible?
The nation’s second-largest newspaper company had paid off most of its old debt and still generates positive cashflow. But it might head to bankruptcy anyway so investors can get paid.
One’s a family-controlled, century-plus-old newspaper chain, known for believing in its civic mission but not for its digital strategy. The other is, well, Tronc. With an assist from L.A.’s richest man, could this be a path forward?
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Doctor, Ken. "Newsonomics: Could a McClatchy-Tronc merger help local newspapers transition to digital?." Nieman Journalism Lab. Nieman Foundation for Journalism at Harvard, 17 Sep. 2018. Web. 4 Oct. 2024.
APA
Doctor, K. (2018, Sep. 17). Newsonomics: Could a McClatchy-Tronc merger help local newspapers transition to digital?. Nieman Journalism Lab. Retrieved October 4, 2024, from https://www.niemanlab.org/2018/09/newsonomics-could-a-mcclatchy-tronc-merger-help-local-newspapers-transition-to-digital/
Chicago
Doctor, Ken. "Newsonomics: Could a McClatchy-Tronc merger help local newspapers transition to digital?." Nieman Journalism Lab. Last modified September 17, 2018. Accessed October 4, 2024. https://www.niemanlab.org/2018/09/newsonomics-could-a-mcclatchy-tronc-merger-help-local-newspapers-transition-to-digital/.
Wikipedia
{{cite web
| url = https://www.niemanlab.org/2018/09/newsonomics-could-a-mcclatchy-tronc-merger-help-local-newspapers-transition-to-digital/
| title = Newsonomics: Could a McClatchy-Tronc merger help local newspapers transition to digital?
| last = Doctor
| first = Ken
| work = [[Nieman Journalism Lab]]
| date = 17 September 2018
| accessdate = 4 October 2024
| ref = {{harvid|Doctor|2018}}
}}