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Publishers find the AI era not all that lucrative
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What We’re Reading
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.
Chicago Tribune / Robert Channick / May 26, 2021
“Alden completed its purchase of Tribune Publishing late Monday, taking the Chicago-based newspaper chain private … The hedge fund immediately saddled the formerly debt-free Tribune Publishing with two loans totaling $278 million, removed CEO Terry Jimenez and installed Alden President Heath Freeman to lead the company.”
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