So I caught this last night:

I checked in several places and there is a lot of the usual moaning and fear jobs will be cut and at least one paper is already offering early retirement packages to their news people. But what brought that up?

The deal comes as the newspaper industry continues to struggle in a digital media age. Revenue has been cut in half between 2008 and 2018 because of a precipitous decline in print advertising, according to data from Pew Research. During that same time, newsroom employment declined 25%.

Sun Sentinel parent company, Tribune Publishing, sold to hedge fund Alden in deal valued at $630 million

 

Yes that, of course. because what passes now for journalism had nothing to with with people dumping their asses.

Also for yesterday.

That is some Pulitzer journalism right there, folks. Riveting!

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By Miguel.GFZ

Semi-retired like Vito Corleone before the heart attack. Consiglieri to J.Kb and AWA. I lived in a Gun Control Paradise: It sucked and got people killed. I do believe that Freedom scares the political elites.

7 thoughts on “Tribune Publishing in the selling block”
  1. “That is some Pulitzer journalism right there, folks. Riveting! ”
    But, but Miguel, how is water boiled? If they hadn’t told us to boil it under a boil water advisory we would all die not knowing to boil water under a boil water advisory. We peons need to be told by journalists to boil water under a boil water advisory or we would not know.

  2. Newspapers and news “media” in general are caught in a death spiral.

    We finally realized their biases and lying and some stopped subscribing. They doubled down and lurched farther left. Even more stopped subscribing, stopped watching, stopped patronizing their advertisers. Now their advertisers realize they cannot and do not bring in new patrons. When you can reach only 5 or 10% of your potential audience, not 40 or 50%, you spend your advertising dollars elsewhere.

    It’s probably too late for someone to start a new national USA Today with a conservative bent.

    1. Depending on how conservative you want the bent to be, the answer may already be available today. The WSJ is one option. It does a reasonably good job actually practicing journalism on its news pages, while its opinion pages are unabashedly opinion. Mostly conservative, with a token leftist (Bill Galston), an illiterate “economist (Alan Blinder, aptly named) and a mouth-frothing never-Trumper (Peggy Noonan).
      There’s also the Epoch Times, though that’s a weekly and their news section isn’t all that solid. Also, while I like my opinions slanted, I’d rather not see that in the news, that’s why I avoid rags like the Boston Glob.

  3. What idiot would buy a newspaper? There won’t be any in 10 years or less. Do they have some real estate in center cities? What else could they have that would be worth that much?

Only one rule: Don't be a dick.

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