MNG Enterprises | Nieman Journalism Lab

Articles tagged MNG Enterprises (12)

Ken DoctorJuly 13, 2020

Newsonomics: The McClatchy auction ends not with a bang, but only more whimpers

The hedge fund Chatham Asset Management reeled in its prize, as expected. But now what does it want to do with it?

Ken DoctorJuly 6, 2020

Newsonomics: There’s no Knight in shining armor coming to rescue McClatchy

But Alden Global Capital would be happy to lend a hand. Plus: When a standstill isn’t really a standstill.

Joshua BentonJuly 1, 2020

Tribune can buy more time by selling more control to Alden Global Capital

The vulture fund may be just fine with waiting a bit longer to make its next move to consolidate the local newspaper industry. Meanwhile, newsrooms wait.

Alden Global Capital has sunk its claws into yet another newspaper company: Lee

Joshua Benton and Ken DoctorJanuary 29, 2020

Turns out Warren Buffett won’t be the billionaire who saves newspapers either

By selling Berkshire Hathaway’s newspapers to Lee Enterprises, the world’s most successful investor is acknowledging the industry’s downhill slide is not near an end.

Ken DoctorJanuary 14, 2020

Newsonomics: Worried about Alden taking control of Tribune? It’s already pulling strings inside

The news industry’s own Doctor Octopus has stuck its tentacles deep into another newspaper chain — and it’s unlikely to be dislodged anytime soon.

Ken DoctorDecember 6, 2019

Newsonomics: This is how the 5 biggest newspaper chains could become 2 — and it all comes down to one day, June 30, 2020

Worse, the two left standing could be run by hedge fund guys with little interest in more than the bottom line.

Ken DoctorOctober 9, 2019

Newsonomics: The Gannett–GateHouse merger is really happening, but expect to see more than 10% of jobs cut off the top

The number of employees soon to be cut at the No. 1 U.S. newspaper chain is about the same number as the No. 2 chain has in total. But newsrooms should mostly be spared — for now.

Ken DoctorAugust 9, 2019

Newsonomics: The perils — and promises — of New Gannett

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.

Ken DoctorAugust 4, 2019

Newsonomics: The GateHouse/Gannett newspaper megamerger could be announced as soon as Monday morning

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?

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