Nieman Foundation at Harvard
HOME
          
LATEST STORY
Young journalists will reimagine a better press
ABOUT                    SUBSCRIBE

Articles tagged Tim knight (8)

Will Chatham Asset Management, the hedge fund set to gain control of the company, want to operate it after bankruptcy? Or will it look to cash out via merger as quickly as possible?
“We are animated by a serious concern for the future of journalism as a public good and a valuable commodity.”
Worse, the two left standing could be run by hedge fund guys with little interest in more than the bottom line.
The nation’s second-largest newspaper company had paid off most of its old debt and still generates positive cashflow. But it might head to bankruptcy anyway so investors can get paid.
Alden’s offer to buy Gannett looks less and less credible. But can Tribune and Gannett suss out the merger that might be necessary to stop it?
What are the first challenges the new ownership faces? What happens to the Tribune name? And could Chicago see two locally owned daily newspapers?
Is Tronc’s acquisition of the New York tab a linchpin to a national strategy, or just another declining property to add to its portfolio?