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Report: Gannett is likely to buy Tronc very soon

After a months-long courtship, Gannett is likely to close a deal to purchase Tronc soon, Politico reported Sunday night. The deal is expected to value Tronc, the newspaper publisher formerly known as Tribune Publishing, at somewhere between $18.50 and $19 per share, according to Politico: Such a price would have represented a 140 percent premium over the then-trading price … Read More
NEWS

Jose Antonio Vargas is relaunching #EmergingUS on Medium

"Excuse me, can I bother you for a second?" Onscreen is Jose Antonio Vargas, the former Washington Post political reporter turned filmmaker and entrepreneur. He's holding a poster-sized section from the 2010 census, the page that asks readers to describe their race. In front of him are White people, pulled aside for interviews on a street in Iowa. Vargas … Read More
NEWS

How the L.A. Times used a serial narrative and smart design to bring in new subscribers

When the Los Angeles Times launched a six-part narrative earlier this month, they tried something a lot of news organizations aren't doing anymore: Instead of running the entire story all at once, they published just the first chapter. It was a gamble. The story told in "Framed" first unfolded in California a few years earlier when a powerful … Read More
NEWS

3 ex-newspaper columnists team up to launch college football site

Chris Dufresne hopes this comparison to Starbucks carries over to his new college football website. “You see people standing in line in Starbucks every day ready to pay $5 for whatever coffee they want,” Dufresne said. “Why do they do it? The only reason is because they are addicted to caffeine. Well, in a weird sort of way, I … Read More
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Pulitzer Prize-winner files age discrimination lawsuit against Los Angeles Times

Jeff Gottlieb, a former Los Angeles Times reporter who helped lead the team that won the 2011 Pulitzer Prize for public service, filed a lawsuit Tuesday against his old employer alleging age discrimination and detailing a years-long tug-of-war over prize money for a series of investigative stories. The 30-page complaint, filed in Los Angeles County Superior Court, lays … Read More
NEWS

The Associated Press will use automated writing to cover the minor leagues

The Associated Press will begin using an automated writing service to cover more than 10,000 minor league baseball games annually, the news cooperative announced Thursday. The Associated Press, which routinely covered some minor league stories through the 2006 season, will produce the stories using technology from Automated Insights and data from MLB Advanced Media, which is the official stat-keeper … Read More
NEWS

Mitra Kalita leaves the Los Angeles Times

Mitra Kalita, the managing editor charged with bringing a digital renaissance to the Los Angeles Times newsroom, is leaving the newspaper after slightly more than a year. She will become vice president of programming at CNN, which has lately staffed up its ranks to fuel a buildout of its digital presence and coverage of the 2016 presidential election. In a … Read More
NEWS

Tribune's No. 2 shareholder urges sale talks with Gannett

Oaktree Capital, which owns nearly 15 percent of Tribune Publishing, is urging the publisher of the Chicago Tribune and the Los Angeles Times to negotiate with Gannett on a possible sale of the company. In an SEC filing dated May 4, the Los Angeles-based investment firm said exploring a sale of the company "would be in the best … Read More
NEWS

Tribune Publishing outlines plan to expand Los Angeles Times globally

Tribune Publishing CEO Justin Dearborn on Wednesday traced the contours of a business plan that would see the company's largest newspaper, the Los Angeles Times, expand to become a digital chronicle of entertainment capitals around the globe. Tribune Publishing's brass is planning to bankroll seven new foreign news bureaus in "entertainment oriented" cities under the banner of the Los Angeles … Read More
NEWS

With CEO Jack Griffin gone, the stage is set to break up Tribune Publishing

With CEO Jack Griffin's unexpected ouster today, all bets are off on where the company is headed strategically. Specifically, I think the stage is set for Tribune to entertain offers for its various newspaper properties, pull back to focus on the Chicago Tribune and invest the proceeds in new media tech ventures. As I wrote last fall, it … Read More
NEWS

Tribune Publishing denies sale rumor

Tribune Publishing Tribune Publishing executives in Chicago have rebuffed a rumor, started by media mogul Rupert Murdoch, that the company is on the verge of a sale: Over the Thanksgiving Weekend a rumor was reported in social media and the press regarding a potential purchase of Tribune Publishing Company. While our policy is not to comment on rumors, … Read More
NEWS

Rupert Murdoch says Tribune Publishing is being sold

Media business reporter Rupert Murdoch has scooped us all with a tweet Friday saying he has "strong word" that Tribune Publishing is being sold to a Wall Street firm and the Los Angeles Times spun off to a local group. Strong word Tribune newspaper group to be bought by big Wall St firm, LA … Read More
NEWS

What's behind this fall's wave of layoffs and buyouts?

Mid-September to mid-November brings changing leaves and football but also rampant newsroom downsizing, and this has been an especially cruel season. Just last week saw 46 layoffs to the Philadelphia Inquirer and Daily News and the Philly.com website plus deep cuts at National Geographic. That's not counting the 75 in process at the Los Angeles Times … Read More
NEWS

Tribune Publishing says L.A. Times columnist verdict could impact investors

L.A. Times The court verdict ordering Tribune Publishing to pay $7.13 million to former Los Angeles Times sports columnist T.J. Simers was referenced early in a previously scheduled Thursday morning Tribune Publishing call with analysts concerning the company’s third-quarter financial performance. CEO Jack Griffin said the company is planning to appeal but is taking a $5 million charge, … Read More
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