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?
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.
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.
Will his attempt to sideline investor Patrick Soon-Shiong lead to consolidated control, or will legal action push back? And did we ever figure out what a Tronc is, anyway?
Doctor, Ken. "Newsonomics: Michael Ferro’s creeping privatization of Tronc." Nieman Journalism Lab. Nieman Foundation for Journalism at Harvard, 24 Mar. 2017. Web. 25 Apr. 2024.
APA
Doctor, K. (2017, Mar. 24). Newsonomics: Michael Ferro’s creeping privatization of Tronc. Nieman Journalism Lab. Retrieved April 25, 2024, from https://www.niemanlab.org/2017/03/newsonomics-michael-ferros-creeping-privatization-of-tronc/
Chicago
Doctor, Ken. "Newsonomics: Michael Ferro’s creeping privatization of Tronc." Nieman Journalism Lab. Last modified March 24, 2017. Accessed April 25, 2024. https://www.niemanlab.org/2017/03/newsonomics-michael-ferros-creeping-privatization-of-tronc/.
Wikipedia
{{cite web
| url = https://www.niemanlab.org/2017/03/newsonomics-michael-ferros-creeping-privatization-of-tronc/
| title = Newsonomics: Michael Ferro’s creeping privatization of Tronc
| last = Doctor
| first = Ken
| work = [[Nieman Journalism Lab]]
| date = 24 March 2017
| accessdate = 25 April 2024
| ref = {{harvid|Doctor|2017}}
}}
