TheWrap.com
“It may be an opportune time to sell a prestigious title like the Los Angeles Times,” write Sharon Waxman and Dominic Patten. “The more profitable but less prestigious [Chicago] Tribune would be worth substantially less but still bring in a significant sale price.” || Earlier: David Geffen‘s $2 billion offer for the Times was rejected in 2006.
Uncategorized
Analysts believe LAT could go for as much as $1 billion
Support high-integrity, independent journalism that serves democracy. Make a gift to Poynter today. The Poynter Institute is a nonpartisan, nonprofit organization, and your gift helps us make good journalism better.
Donate
Tags: MediaWire, Top Stories
More News
Opinion | An unsettling look at Donald Trump’s social media rants
The former president’s social media audience has diminished since 2021, but his posts — mostly on Truth Social — have only gotten more disturbing
April 23, 2024
Shakespeare and the power of wordplay … featuring the pun that launched my career
Four words from Hamlet collide with multiple meanings and offer a stimulant for the brain as strong as the most sophisticated puzzle
April 23, 2024
Fact-checking Aaron Rodgers, who repeated Robert F. Kennedy Jr.’s false claims about HIV/AIDS
Rodgers falsely claimed an antiretroviral drug called azidothymidine, or AZT, to treat HIV was ‘killing people’ in the 1980s
April 23, 2024
Press Foward’s first open call for funding focuses on historic inequalities
It includes $100,000 each in general operating support for more than 100 newsrooms
April 22, 2024
Opinion | Remembering Terry Anderson, AP reporter once held captive for 6 years
He had a long career, but he was most known for his horrific ordeal of being taken by Islamic militants while working in war-torn Lebanon in 1985
April 22, 2024