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Tribune Publishing Company:
Tribune Publishing says Alden Global Capital is now the company's largest shareholder, buying 25.2% of the company from Merrick Ventures and Michael Ferro Jr. — Tribune Publishing Company (NASDAQ: TPCO), one of the nation's leading media companies, today announced that funds managed …
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Chicago Tribune, Chicago Sun-Times, USA Today, @amlwhere, @eliseschmelzer, @slulay2, @mattdpearce, @brianstelter, @alissaskelton, @ronlin, @jbenton, @pwoodreporter, @saragregory, @davidfolkenflik, @laura_nelson, @jaysunsilver, @gerryfsmith, @joanniesen, @ckrewson, @davidfolkenflik and The Wrap
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Brian Stelter / CNN:
This week is a major turning point for daily newspapers in the US, with bankers deciding what will be defined as news, and who will be employed to report it — New York (CNN Business)Let's take a close look at what's happening at three of the biggest newspaper owners in the United States.
Discussion:
Columbia Journalism Review, @byjonharris and @jon_allsop
Marc Tracy / New York Times:
Gannett and New Media Investment Group's merger became official Tuesday, with executives hoping “efficiencies” will save about $300M/year — The deal to create the largest newspaper company in the nation — which became official at 4:10 p.m. on Tuesday — came about with remarkable speed …
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USA Today, @maxwelltani, CNN, @joshsternberg, @amandahess, @jamesebriggs, @sethklamann, @joemfox, @spsullivan, @baltsunguild, @jcrutchmer, @mathewi, @dicktofel, @cooperoncourts, @caspernewsguild, @melissayeagr, @indyemapolis, @vicky_jacobsen, @reporterdavidj, @darrendcarroll, @dtohl, @courantguild, @pmalonedc, @emilyoverholt, @jbenton, @simonowens, @jbenton, @jenwsheehan, @alexkotch, @marcatracy, @rebekahlsanders, @mattdpearce, @kerrymflynn and Brookings
Ken Doctor / Nieman Lab:
A deep look at McClatchy's options for a sale, restructuring or bankruptcy, and the influence of the federal pension agency and Chatham Asset Management — The nation's second-largest newspaper company had paid off most of its old debt and still generates positive cashflow.
Discussion:
@newsbyschmidt
Ben Smith / BuzzFeed News:
Sources: NYT is facing a succession contest to replace Dean Baquet before September 2022, with three top candidates: Joe Kahn, James Bennet, and Cliff Levy — If you're following the news these days, you'll notice that a high percentage is about the New York Times — the headlines …
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@williams_paige, @katherinemiller, @samthielman, @jasonleopold, @jimwaterson, @bigmeaninternet, @michaelluo, @tomgara, @annehelen, @perpetua, @jeremymbarr, @nbashaw, @sulliview, @willsommer, @ckrewson, @josephfcox, @jayrosen_nyu, @bgrueskin, Fox News, @ajentleson, @govhowarddean, @dropoutnation, @derektmead, @ashtonpittman, @whstancil, @mehdirhasan and @pulitzerprizes
Christopher Cheung / The Tyee:
Torstar announces 121 layoffs, with 73 to be cut as it closes StarMetro Vancouver and four other free dailies on Dec. 20; more layoffs are in southern Ontario — Five more daily newspapers shuttered, 73 jobs lost across Canada. — Christopher Cheung is a reporter at The Tyee.
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@tarynalgrant, @thetyee, @anna_desmarais, @sdbcraig, @ayan604, @jsource, @sdbcraig, @jsource, @bychrischeung, The Conversation and Canada NewsWire Group
Jim Waterson / The Guardian:
During Tuesday's debate, UK's Conservative party renamed its main media Twitter account as “factcheckUK” and changed its logo to push anti-Labour material — Party accused of misleading public by tweeting anti-Labour posts as ‘factcheckUK’ — The Conservatives have been accused …
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First Draft, Press Gazette, The Guardian, @alexhern, Press Gazette, Financial Times, @paulbernaluk, @firstdraftnews, @peterkgeoghegan, @joe_stone, @dsquareddigest, @midlandsound, @lisaocarroll, @davidlammy, @grodaeu, @broderick, @emilybell, @jimwaterson, @cononeilluk, @rory_palmer, @alexhern, @johnedwards33, @peterstefanovi2, @dsquareddigest, @sdp, @daveleebbc, @jimwaterson, @lisaocarroll, @alexhern, @aljwhite, @carljackmiller, @alexhern, @pickardje and Financial Times
Sara Fischer / Axios:
NYT says it will no longer use tracking pixels from Facebook and Twitter, instead using TAFI, a new AI-powered tool, to target potential subscribers — The New York Times will no longer use tracking pixels from Facebook and Twitter to track its users' browser history, executives tell Axios.
Discussion:
AdExchanger and @mathewi
Todd Spangler / Variety:
Verizon Media CEO Guru Gowrappan says it has no plans to divest any properties, including HuffPost, from the Yahoo-AOL group — Verizon is not selling HuffPost, according to Verizon Media CEO Guru Gowrappan — who insisted the news and opinion site is central to its content strategy.
Benjamin Mayo / 9to5Mac:
Apple launches Apple Music for Business, to let businesses play music in retail locations with Apple providing human-curated playlists and recommendations — Apple Music is now partnering with businesses to play music at retail stores. In a partnership with PlayNetwork …
Discussion:
Fast Company, Wall Street Journal and Music Business Worldwide
Evan Smith / The Texas Tribune:
Texas Tribune EIC and chief audience officer are stepping down to launch a national nonprofit news organization aimed at giving women “facts, tools, and info” — They'll exit their leadership roles at The Texas Tribune at the end of the year. We couldn't be more grateful …
Discussion:
American Press Institute, Poynter, @amzam, @natalie_choate, @cshalby, @emilybell, @jwharris, @jeffjarvis, @jayrosen_nyu, @lmcgaughy, @eramshaw, @amzam, @amzam, @amzam, @eramshaw and The Wrap
Meg James / Los Angeles Times:
Disney executive Kevin Mayer said overwhelming demand from 10M new users and a computer-coding glitch led to widespread problems last week as Disney+ launched — Walt Disney Co. executive Kevin Mayer said overwhelming demand and a computer-coding glitch led to widespread problems last week …
Discussion:
Deadline, Variety, The Streamable and TVWeek.com
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Jonathan Chait / New York Magazine:
Trump's antagonism toward Bezos, WaPo, and Amazon, followed by denial of a $10B cloud contract, should be a larger scandal than it has been treated so far — The saga of President Trump's reprisals against Amazon has lurked on the margin of the news, largely overshadowed by the Ukraine scandal.
Discussion:
@jonathanchait, @taralogrady, @szreports, @andreweversden1, @danrather, @adamblickstein, @washtimes and Washington Times
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