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?
Does he really want to take on becoming the great consolidator of the American press, conquering once-mighty Gannett? Or will he exit the field — richer, but his ambitions humbled?
Tronc is getting a big premium for its flagship asset, and the Times is getting a return to private, local ownership. But a lot of questions remain about where Patrick Soon-Shiong will take his new prize.
As Tronc dispatches yet another leadership team, attention returns to bigger questions about the company’s strategies. Can new editor Jim Kirk soothe the riled-up newsroom?
The Tronc rollercoaster continues: Just as it tries to unveil a familiar strategy (“gravitas with scale”!), its top digital leader’s past catches up with him.
Doctor, Ken. "Newsonomics: Inside L.A.’s journalistic collapse." Nieman Journalism Lab. Nieman Foundation for Journalism at Harvard, 18 Jan. 2018. Web. 27 Mar. 2024.
APA
Doctor, K. (2018, Jan. 18). Newsonomics: Inside L.A.’s journalistic collapse. Nieman Journalism Lab. Retrieved March 27, 2024, from https://www.niemanlab.org/2018/01/newsonomics-inside-l-a-s-journalistic-collapse/
Chicago
Doctor, Ken. "Newsonomics: Inside L.A.’s journalistic collapse." Nieman Journalism Lab. Last modified January 18, 2018. Accessed March 27, 2024. https://www.niemanlab.org/2018/01/newsonomics-inside-l-a-s-journalistic-collapse/.
Wikipedia
{{cite web
| url = https://www.niemanlab.org/2018/01/newsonomics-inside-l-a-s-journalistic-collapse/
| title = Newsonomics: Inside L.A.’s journalistic collapse
| last = Doctor
| first = Ken
| work = [[Nieman Journalism Lab]]
| date = 18 January 2018
| accessdate = 27 March 2024
| ref = {{harvid|Doctor|2018}}
}}