Swinging from an $80 billion valuation to an existential crisis, in less time than it takes to rewatch five seasons of “The Wire”? That’s Tronc-level management.
This hostile takeover didn’t work out. But the thinking of industry executives remains dominated by the inevitable merging of America’s big newspaper chains.
Newspaper company CEOs will be the first to tell you a new round of consolidation won’t solve their problems. But it might give them another year or two of breathing room.
There seems to be some momentum among those with deep pockets to address the local news crisis. But if that money appears, where should it be directed?
It is increasingly the tech stack of choice for major news publishers. But now Arc wants to be the backbone of your digital advertising and subscriptions, too.
One’s a family-controlled, century-plus-old newspaper chain, known for believing in its civic mission but not for its digital strategy. The other is, well, Tronc. With an assist from L.A.’s richest man, could this be a path forward?
Doctor, Ken. "Newsonomics: Could a McClatchy-Tronc merger help local newspapers transition to digital?." Nieman Journalism Lab. Nieman Foundation for Journalism at Harvard, 17 Sep. 2018. Web. 19 Oct. 2024.
APA
Doctor, K. (2018, Sep. 17). Newsonomics: Could a McClatchy-Tronc merger help local newspapers transition to digital?. Nieman Journalism Lab. Retrieved October 19, 2024, from https://www.niemanlab.org/2018/09/newsonomics-could-a-mcclatchy-tronc-merger-help-local-newspapers-transition-to-digital/
Chicago
Doctor, Ken. "Newsonomics: Could a McClatchy-Tronc merger help local newspapers transition to digital?." Nieman Journalism Lab. Last modified September 17, 2018. Accessed October 19, 2024. https://www.niemanlab.org/2018/09/newsonomics-could-a-mcclatchy-tronc-merger-help-local-newspapers-transition-to-digital/.
Wikipedia
{{cite web
| url = https://www.niemanlab.org/2018/09/newsonomics-could-a-mcclatchy-tronc-merger-help-local-newspapers-transition-to-digital/
| title = Newsonomics: Could a McClatchy-Tronc merger help local newspapers transition to digital?
| last = Doctor
| first = Ken
| work = [[Nieman Journalism Lab]]
| date = 17 September 2018
| accessdate = 19 October 2024
| ref = {{harvid|Doctor|2018}}
}}