Among the 20 biggest dailies, nearly two-thirds of their newsrooms are run by a woman or a person of color (or both). But newsrooms still have a long way to go to be reflective of the communities they serve.
Plus: Journalistic norms vs. right-wing populism, what journalists think about deleting their tweets, and the unfulfilled promise of augmented reality for news
Instead of taking 30% of new subscribers’ payments, it’ll take 15%. The money’s welcome, but it’s also a reminder of how little control publishers have over the terms they get from tech giants.
“Trump has taken over VOA, Radio Free Europe, etc…planting loyalists, firing critical journalists. He can’t do that with Stripes so he’s just…zeroing out the budget.”
It now makes more revenue from digital than from print and continues to add new subscribers at a record pace. But its brutal COVID-driven drop in advertising will be echoed all across the industry.
When McClatchy declared bankruptcy in February, its debts were crushing, but its operating numbers weren’t so bad. But the coronavirus ripped away more than a quarter of its revenue in just a few weeks.
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.
Benton, Joshua. "Tribune can buy more time by selling more control to Alden Global Capital." Nieman Journalism Lab. Nieman Foundation for Journalism at Harvard, 1 Jul. 2020. Web. 27 Oct. 2021.
APA
Benton, J. (2020, Jul. 1). Tribune can buy more time by selling more control to Alden Global Capital. Nieman Journalism Lab. Retrieved October 27, 2021, from https://www.niemanlab.org/2020/07/tribune-can-buy-more-time-by-selling-more-control-to-alden-global-capital/
Chicago
Benton, Joshua. "Tribune can buy more time by selling more control to Alden Global Capital." Nieman Journalism Lab. Last modified July 1, 2020. Accessed October 27, 2021. https://www.niemanlab.org/2020/07/tribune-can-buy-more-time-by-selling-more-control-to-alden-global-capital/.
Wikipedia
{{cite web
| url = https://www.niemanlab.org/2020/07/tribune-can-buy-more-time-by-selling-more-control-to-alden-global-capital/
| title = Tribune can buy more time by selling more control to Alden Global Capital
| last = Benton
| first = Joshua
| work = [[Nieman Journalism Lab]]
| date = 1 July 2020
| accessdate = 27 October 2021
| ref = {{harvid|Benton|2020}}
}}
