This hostile takeover didn’t work out. But the thinking of industry executives remains dominated by the inevitable merging of America’s big newspaper chains.
Newspaper company CEOs will be the first to tell you a new round of consolidation won’t solve their problems. But it might give them another year or two of breathing room.
There seems to be some momentum among those with deep pockets to address the local news crisis. But if that money appears, where should it be directed?
It is increasingly the tech stack of choice for major news publishers. But now Arc wants to be the backbone of your digital advertising and subscriptions, too.
One’s a family-controlled, century-plus-old newspaper chain, known for believing in its civic mission but not for its digital strategy. The other is, well, Tronc. With an assist from L.A.’s richest man, could this be a path forward?
Rupert Murdoch owning the New York Daily News? A McCormick controlling the Chicago Tribune again? The L.A. Times pulling a Washington Post, aiming to run the industry’s underlying infrastructure? A lot of change is coming soon.
Doctor, Ken. "Newsonomics: It looks like Tronc is about to be chopped up and sold for parts." Nieman Journalism Lab. Nieman Foundation for Journalism at Harvard, 29 Aug. 2018. Web. 27 Mar. 2023.
APA
Doctor, K. (2018, Aug. 29). Newsonomics: It looks like Tronc is about to be chopped up and sold for parts. Nieman Journalism Lab. Retrieved March 27, 2023, from https://www.niemanlab.org/2018/08/newsonomics-it-looks-like-tronc-is-about-to-be-chopped-up-and-sold-for-parts/
Chicago
Doctor, Ken. "Newsonomics: It looks like Tronc is about to be chopped up and sold for parts." Nieman Journalism Lab. Last modified August 29, 2018. Accessed March 27, 2023. https://www.niemanlab.org/2018/08/newsonomics-it-looks-like-tronc-is-about-to-be-chopped-up-and-sold-for-parts/.
Wikipedia
{{cite web
| url = https://www.niemanlab.org/2018/08/newsonomics-it-looks-like-tronc-is-about-to-be-chopped-up-and-sold-for-parts/
| title = Newsonomics: It looks like Tronc is about to be chopped up and sold for parts
| last = Doctor
| first = Ken
| work = [[Nieman Journalism Lab]]
| date = 29 August 2018
| accessdate = 27 March 2023
| ref = {{harvid|Doctor|2018}}
}}
