newspaper industry

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College Paper Strikes Blow Against News Deserts

'Daily Iowan' buys two nearby weeklies to save them

(Newser) - With hundreds of US newspaper closings leaving legions with little access to local news, a college newspaper in Iowa has stepped up to buy two struggling weekly publications. The move by the Daily Iowan, a nonprofit student paper for the University of Iowa, is believed to be a first, though...

TV Mogul Buys Baltimore Sun
TV Mogul Buys Baltimore Sun

TV Mogul Buys Baltimore Sun

David D. Smith, executive chair of Sinclair Inc., has scooped up Maryland's biggest newspaper

(Newser) - The Baltimore Sun newspaper has been purchased by David D. Smith, the executive chairman of the media conglomerate Sinclair Inc. Smith told the newspaper he acquired Baltimore Sun Media from the investment firm Alden Global Capital in a private deal reached on Friday. He didn't disclose how much he...

Several Big Newsrooms Are Closing
Several Big
Are Closing

Several Big Newsrooms Are Closing

Tribune Publishing shuts them down amid current remote work environment

(Newser) - Could COVID-19 kill the traditional newsroom? Amid the remote work environment sparked by the coronavirus pandemic, Tribune Publishing is closing the offices of five of its newspapers, NBC News reports. They include the Daily News in New York City, the Orlando Sentinel in Florida, and two Maryland newspapers, including the...

Layoff Leaves Newspaper's Senior Editor Homeless

Rich Jackson says apartment came with the job

(Newser) - Newsroom employees at Gannett newspapers around the country recently lost their jobs in a major round of layoffs. Rich Jackson, senior executive editor of the Bloomington, Indiana, Herald-Times lost his home as well—and started the Homeless Editor blog in response. Jackson says that when he took the Herald-Times job...

Paper Converts to Nonprofit
Paper Converts to Nonprofit

Paper Converts to Nonprofit

Like NPR, Salt Lake Tribune will take donations

(Newser) - The Salt Lake Tribune hopes its new status as a nonprofit will ensure its long-term viability in an industry in crisis — and other newspapers suffering amid the same declines in advertising and circulation revenues are expected to watch closely. The newspaper will be governed by a board of directors...

This Media Merger Will Create Massive US Newspaper Owner

New company will have the biggest US circulation by far

(Newser) - Two of the country's largest newspaper companies have agreed to combine in the latest media deal driven by the industry's struggles with a decline in printed editions. GateHouse Media, a chain backed by an investment firm, is buying USA Today owner Gannett Co. for $12.06 a share...

Nation's Richest Doctor Set to Make Big Media Buy

Patrick Soon-Shiong expected to pay $500M for the LA Times

(Newser) - The Los Angeles Times is on the verge of a sale that would take it from its Chicago-based parent company and put it in the hands of a local billionaire doctor, a person with knowledge of the deal tells the AP . Dr. Patrick Soon-Shiong is expected to pay Tronc Inc....

Accused of Spanking Women, Newspaper Exec Fesses Up

Claims he spanked employee with doctor's approval

(Newser) - A chairman of a newspaper publishing company facing allegations of assault related to at least four women admits he spanked a female employee, but says he did so with a doctor's approval. H. Brandt Ayers—the former publisher of Alabama's Anniston Star, who now heads its publishing company—...

Tronc Snaps Up New York Daily News
Tronc Snaps Up
New York Daily News

Tronc Snaps Up New York Daily News

Zuckerman sells tabloid after 24 years

(Newser) - Newspaper publisher Tronc has acquired the New York Daily News, the storied tabloid that won a Pulitzer Prize this year but has been buffeted by the changing media environment. Chicago-based Tronc Inc., the publisher of the Los Angeles Times and the Chicago Tribune, announced the deal Monday night, and the...

Venezuela's Newspapers Face Big Problem: No Paper

Some smell government conspiracy

(Newser) - Venezuela hasn't just run out of toilet paper —it's run out of other kinds of paper too, and that's a big problem for the country's newspaper industry. Five papers have already shut down, and more than half of the country's local papers will have...

Bezos on Washington Post: I'm 'Not a Magician'

Amazon CEO gives first interview since acquiring the paper

(Newser) - Jeff Bezos gave his first interview since buying the Washington Post today, and he gave it to, well, the Washington Post . Here are some highlights:
  • "We've had three big ideas at Amazon," Bezos explains: "Put the customer first. Invent. And be patient. If you replace '

NY Times Boss: We're Not for Sale

Arthur Sulzberger firm following Washington Post purchase

(Newser) - The Washington Post and Boston Globe may be changing hands, but don't expect the same fate for the New York Times , says publisher and chair Arthur Sulzberger Jr. "Will our family seek to sell the Times? The answer to that is no. The Times is not for sale,...

Red Sox Owner Buys Boston Globe for a Bargain

John Henry getting it for $70M, down from $1B in its heyday

(Newser) - John Henry, the principal owner of the Boston Red Sox, has entered into an agreement to buy the Boston Globe for $70 million, a massive drop from its record $1.1 billion price two decades ago. The impending purchase from the New York Times Co. marks Henry's "first...

Kidnap Coverage Is Cleveland Paper's Swan Song

Justin Peters mourns the decline of community reporting

(Newser) - The Plain Dealer's coverage of the Cleveland kidnapping case has been nothing short of riveting, but it will be the paper's "last hurrah," writes Justin Peters on Slate . This summer, at least 53 members of its staff are being laid off, and the paper will deliver...

In Times-Picayune 'Blunder,' Proof Print Isn't Dead

Newspaper acted like 'monopolist,' paved way for new paper: David Carr

(Newser) - New Orleans' venerable newspaper bet against its print business—and in so doing, shot itself in the foot, writes David Carr in the New York Times . The Times-Picayune infuriated the city when it planned to cut print editions to three days a week; now, it's going to print a...

USA Today Founder Al Neuharth Dead at 89

His focus on short stories, graphics changed newspaper industry

(Newser) - USA Today founder Al Neuharth has died in Cocoa Beach, Florida, at age 89. The news was announced today by USA Today and by the Newseum, which he also founded. Neuharth changed American newspapers by putting easy-to-read articles and bright graphics in his national daily publication, which he began in...

Tribune Company Set to Exit Bankruptcy

But it may soon sell off its newspapers

(Newser) - The Tribune Company is set to emerge from bankruptcy today, four years after it filed for Chapter 11 protection as the American economy nosedived. The reorganized multimedia company has a new board of directors that includes plenty of entertainment industry veterans, and profitable assets including eight major daily newspapers and...

Tribune Co. Explores Sale of LA Times, Chicago Tribune

Rupert Murdoch rumored to be interested

(Newser) - What happens when you take the Tribune out of the Tribune Co.? We might be about to find out. The company is actively seeking bankers to help sell off its newspapers—potentially including the Chicago Tribune and LA Times—when it emerges from bankruptcy at the end of the...

Bloomberg Considers Buying Financial Times

Speculation rampant that venerated paper will soon be available

(Newser) - Michael Bloomberg is doing some serious soul searching about the possibility of buying the Financial Times, sources close to the mayor tell the New York Times . "It's the only paper I'd buy," he allegedly told one associate, and others say that lately he's taken to...

This Is Humbling Day for Murdoch
This Is 
 Day for  
michael wolff

This Is Humbling Day for Murdoch

Michael Wolff: News Corp's move to spin off print must sting

(Newser) - Rupert Murdoch has had some lousy days of late, but it's a safe bet that today is the worst of all. In fact, reports that his News Corp might spin off print operations from its more lucrative entertainment side could make this "the most humble day" of his...

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