Tronc, the newly slimmed-down newspaper publisher, could get even slimmer.After completing the sale of the Los Angeles Times to billionaire Patrick Soon-Shiong, the Chicago-based company must now decide whether to forge ahead in the news business without its crown jewel or unload more, perhaps even all, of its other newspapers. While the $500 million sale helped Tronc repay debt, it left the company without an asset that had contributed about a third of its sales in a struggling industry."The L.A. Times was their flagship paper," says Doug Arthur, an analyst at Huber Research Partners. "When you take out the flagship, what are you left with?" Continue reading at AdAge.com Continue reading at 'Advertising Age'
[ Advertising Age | 2018-07-02 00:00:00 UTC ]
general counsel blamed internet platforms for hurting the news business by siphoning off profits and promoting less reliable news for readers in his prepared remarks for a congressional panel... To view the full story, click the title link. Continue reading at Crains New York
[ Crains New York | 2019-06-11 20:09:08 UTC ]
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Tronc, the newly slimmed-down newspaper publisher, could get even slimmer.After completing the sale of the Los Angeles Times to billionaire Patrick Soon-Shiong, the Chicago-based company must now decide whether to forge ahead in the news business without its crown jewel or unload more, perhaps... Continue reading at Advertising Age
[ Advertising Age | 2018-07-02 00:00:00 UTC ]
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Media outlets published video of cyclist responding to catcallers without checking its authenticity. The race for clicks is undermining claims people should trust the newsEven as the media continues to take Facebook to task over its fake news problem, many parts of the news business are doing... Continue reading at The Guardian
[ The Guardian | 2017-02-22 00:00:00 UTC ]
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To lure more users and advertising dollars, Facebook has increasingly assumed the role of a news organization by curating and publishing articles -- and to great effect. Four in 10 U.S. adults now get their news from the social media giant. But with recent accusations that Facebook suppressed... Continue reading at Los Angeles Times
[ Los Angeles Times | 2016-05-11 00:00:00 UTC ]
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Google's new initiative will pay news outlets to dig into digital journalism.American tech companies have set their sights on the news business. A month after Facebook announced that it wants news outlets to publish content within Facebook, and a mere day after Snapchat poached acclaimed CNN... Continue reading at Fast Company
[ Fast Company | 2015-04-28 00:00:00 UTC ]
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The social network's plans to control even more of the media industry squeezed a collective gasp out of publishers. Was that a last breath?Facebook recently wrapped up a "listening tour," hoping to lure publishers across the United States to deliver their content pages and news feeds to... Continue reading at Fast Company
[ Fast Company | 2014-11-03 00:00:00 UTC ]
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The change is subtle, but its message is clear: Facebook has entered the news business.It's no secret that Facebook is changing what appears in your feed dramatically. Whereas memes used to rule supreme--making basically anything shared by George Takei go viral--Facebook has reweighted its... Continue reading at Fast Company
[ Fast Company | 2014-01-10 00:00:00 UTC ]
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The vogue for digital paywalls sweeping the news business has made it all the way to the top: Gannett, the nation’s largest newspaper publisher, is planning to switch over all of its 80 community newspapers to a paid model by the end of the ... Continue reading at Editor & Publisher
[ Editor & Publisher | 2012-02-22 00:00:00 UTC ]
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