Digital First Media

John Paton resurfaces as investor and consultant to digital vendors

John PatonWhen John Paton stepped down as CEO of Digital First Media July 1, he didn't really leave the legacy news transformation business, much less slink away with mea culpas for a failed effort to right the company financially, then sell it. Paton had prearranged a soft landing, hanging out his shingle as IVA Ventures, a company … Read More

Digital First Media editor in chief to exit

Dave Butler, editor in chief of nationwide newspaper chain Digital First Media, announced on Wednesday that he plans to retire sometime this fall. In a memo to senior editors of Digital First Media, Butler said his departure was motivated by "personal and professional reasons" and made reference to a thwarted sale of the company that might have seen him replaced … Read More

Intrigue in Utah -- Will the Salt Lake Tribune be sold? Or even closed?

Jim Dabakis inside a downtown Salt Lake City coffee shop. (AP 2011 file photo/Lynn DeBruin) Politician and blogger Jim Dabakis got his Utah constituents and others talking last week when he reported that the Salt Lake Tribune will soon be sold. Dabakis also worried that such a sale could be a step toward an eventual closing or put … Read More

New day for Gannett newspapers — they're on their own

The 19,600 employees of Gannett newspapers coming to work Monday will be working for a new company -- untethered from growing and prosperous television stations and digital ventures. Retaining the Gannett name, the spin off company has well defined plans for digital transformation and for expansion by acquisition.  Its reception by Wall Street is less certain, but it is sweetening … Read More

Opinion: Journalism companies are dead. Long live journalists.

We’ve talked endlessly about the future of journalism. It’s time to talk about the future of journalists. The Orange County Register’s new owner thought the way to turn the paper around is through better reporting to lure new and former readers to a revived product. He has since stepped away from managing the paper. (AP Photo/Jae C. Hong) … Read More

Gannett acquires 11 Digital First Media properties

StreetInsider | York Daily Record Newspaper giant Gannett today announced it was acquiring 11 properties from Digital First Media, including the El Paso Times, The Alamogordo (New Mexico) Daily News and the York (Pennsylvania) Daily Record. The acquisitions come shortly before before Gannett splits into two companies — TEGNA, which will retain the company's broadcast properties, and Gannett, … Read More

Reuters: Digital First Media has a lead buyer

Reuters Apollo Global Management LLC is "in advanced talks" to purchase most of Digital First Media's assets for $400 million, Greg Roumeliotis and Liana Baker report for Reuters: The potential deal illustrates private equity's interest in the newspaper industry. Even though newspaper readership is declining, buyout firms say they believe they can squeeze out a profit through cost … Read More

Brady takes another shot at local journalism with new venture

Sometimes people console Jim Brady about his bad fortune. After all, they lament, he was general manager of TBD.com, an ambitious local news site that folded about two years after it started. Then, he went to work for Digital First Media, where he founded Project Thunderdome, an innovative news production hub -- which was axed by company bosses earlier this … Read More