Today in Philadelphia newspapering: The Daily News'
David Gambacorta snagged a letter of intent from a group of investors hoping to buy Philadelphia Media Network, confirming a WHYY report that management plans to cut 35 more jobs. That's in addition to 45 layoffs and buyouts earlier this month. The letter also says that
George Norcross and
Lewis Katz now lead the group.
Raymond Perelman is out.
H.F. "Gerry" Lenfest doesn't say whether he's still in the Norcross-Katz group, but he does say he's still interested in buying the papers.
"You would never adopt a family to rip it apart,"
writes the Daily News' Will Bunch of the planned cuts.
Update: "A source who has seen the letter of intent, dated March 20th and signed by local businessmen George Norcross and Lewis Katz, puts the purchase price at $60 million,"
writes Steve Tawa.
•
Andrea McCarren is a television reporter in Washington who reported on underage drinking in February. People on got nasty on social media and mentioned her kids, so she
dropped off the story. She even
went on national television to discuss her concerns. But when the student newspaper at her children's high school mentioned her reporting, she complained, and the principal
responded by yanking some of its copies. "Ironic result: A journalist triggered a bit of temporary censorship,"
writes the Post's Paul Farhi. McCarren told the principal she was worried the article would lead to further harassment of her children. CORRECTED: Bill McCarren, the executive director of the National Press Club and husband to Andrea McCarren, phoned me to say it wasn't all the paper's copies that got yanked. From Farhi's piece: "The order affected a handful of newspapers that teachers hadn’t yet given to students, said Jackson Fritz, the newspaper’s co-editor-in-chief. However, some students were asked to return copies in their possession, he said."
• How
Patch plans to cover elections: Look at how it covered the primaries. "The two absolute rainmakers for us are voting day or a hurricane coming to town," Patch's
John Ness tells Street Fight's
Noah Davis. "We can’t schedule hurricanes, but what we always find — whether it’s a diehard state like Iowa or one that’s a little more relaxed about primaries — is that people love voting results."
(more...)
