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?
Even without the L.A. Times, it still controls a lot of important newspapers. Will it sell them to Gannett, Murdoch, local individuals in each city — or to yet another private equity firm looking to strip papers for parts?
Doctor, Ken. "Newsonomics: Is Tronc about to go on the market?." Nieman Journalism Lab. Nieman Foundation for Journalism at Harvard, 22 Mar. 2018. Web. 1 Apr. 2023.
APA
Doctor, K. (2018, Mar. 22). Newsonomics: Is Tronc about to go on the market?. Nieman Journalism Lab. Retrieved April 1, 2023, from https://www.niemanlab.org/2018/03/newsonomics-is-tronc-about-to-go-on-the-market/
Chicago
Doctor, Ken. "Newsonomics: Is Tronc about to go on the market?." Nieman Journalism Lab. Last modified March 22, 2018. Accessed April 1, 2023. https://www.niemanlab.org/2018/03/newsonomics-is-tronc-about-to-go-on-the-market/.
Wikipedia
{{cite web
| url = https://www.niemanlab.org/2018/03/newsonomics-is-tronc-about-to-go-on-the-market/
| title = Newsonomics: Is Tronc about to go on the market?
| last = Doctor
| first = Ken
| work = [[Nieman Journalism Lab]]
| date = 22 March 2018
| accessdate = 1 April 2023
| ref = {{harvid|Doctor|2018}}
}}
