But Patrick Soon-Shiong’s outside business dealings show the importance of disclosure — especially in an era when more important news organizations are owned by billionaires with business interests in the topics journalists cover.
What will the largest local news company need to do and be to be successful in the 2020s? Neither Gannett nor Gatehouse has offered any big vision of what that is, or could be, even fueled by new money.
The merger of the United States’ No. 1 and No. 2 newspaper chains will likely spark a new wave of consolidation among its smaller competitors. But will the potential cost savings be eaten up by debt payments to financiers?
In an industry where expense reduction is the prime strategy, much more consolidation is likely on the way. Little regulation prevents it, and the financials all favor it.
Doctor, Ken. "Newsonomics: Amid screaming alarms, consolidation mania turns feverish." Nieman Journalism Lab. Nieman Foundation for Journalism at Harvard, 1 Feb. 2019. Web. 25 Jul. 2024.
APA
Doctor, K. (2019, Feb. 1). Newsonomics: Amid screaming alarms, consolidation mania turns feverish. Nieman Journalism Lab. Retrieved July 25, 2024, from https://www.niemanlab.org/2019/02/newsonomics-the-2019-newspaper-consolidation-games-continue/
Chicago
Doctor, Ken. "Newsonomics: Amid screaming alarms, consolidation mania turns feverish." Nieman Journalism Lab. Last modified February 1, 2019. Accessed July 25, 2024. https://www.niemanlab.org/2019/02/newsonomics-the-2019-newspaper-consolidation-games-continue/.
Wikipedia
{{cite web
| url = https://www.niemanlab.org/2019/02/newsonomics-the-2019-newspaper-consolidation-games-continue/
| title = Newsonomics: Amid screaming alarms, consolidation mania turns feverish
| last = Doctor
| first = Ken
| work = [[Nieman Journalism Lab]]
| date = 1 February 2019
| accessdate = 25 July 2024
| ref = {{harvid|Doctor|2019}}
}}
