We keep an eye out for the most interesting stories about Labby subjects: digital media, startups, the web, journalism, strategy, and more. Here’s some of what we’ve seen lately.
“Still, the massive cloud is impossible to ignore. Nonprofit ownership is a promising growth area for the media industry—in addition to papers like the Inquirer and the Tampa Bay Times, which have nonprofit owners, the Salt Lake Tribune sought, and was frictionlessly granted, nonprofit status in its own right in 2019—but it hasn’t yet proven scalable. There was speculation, last summer, that the nonprofit Knight Foundation might acquire every paper belonging to McClatchy, another major newspaper chain; in the end, the company went to a hedge fund. As things stand, the same fate seems likely to befall the Sun’s Tribune stablemates.” —
Tags:
Alden Global Capital,
Baltimore Sun,
Tribune
