Nieman Foundation at Harvard
HOME
          
LATEST STORY
PressPad, an attempt to bring some class diversity to posh British journalism, is shutting down
ABOUT                    SUBSCRIBE

Articles tagged Michael Ferro (43)

Could the moves presage the major rollup that’s been increasingly talked about in America’s now-in-play, ever-struggling daily newspaper industry?
America’s most hated newspaper company wants to bring its special brand of cost-cutting and newsroom-gutting to about 100 more cities.
Tribune Publishing wants to sell at a higher price, but it will likely have trouble finding someone willing to pay it.
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?
Rupert Murdoch owning the New York Daily News? A McCormick controlling the Chicago Tribune again? The L.A. Times pulling a Washington Post, aiming to run the industry’s underlying infrastructure? A lot of change is coming soon.
What will happen to the price of Tronc shares as investors, a good number of speculators among them, assess the post-L.A. Times value of a major daily newspaper chain effectively halved in the deal?
“Any would-be scenarios involving Tronc include odd tradeoffs, weird valuations, and questions of sheer feasibility.”
“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.