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    “Content is our number-one priority,” Reed said. But he’s unwilling to publicly commit to any new level of funding or staffing to meet that goal.
    “We’re never going to beat Google and Facebook in advertising. Let’s focus on what we can beat them at, and that’s being local and selling business owners something that they need terribly.”
    “We are done pandering to the egos of change-resistant influential men in the hope that our gentle lead will eventually encourage them to join us on a meander toward gender equality in the news business.”
    What will happen to the price of Tronc shares as investors, a good number of speculators among them, assess the post-L.A. Times value of a major daily newspaper chain effectively halved in the deal?
    But messaging apps are picking up the slack, the Reuters Institute for the Study of Journalism finds in its 2018 Digital News Report.
    But beyond the crypto talk, how to actually pay for journalism very much remains an unsolved problem.
    “Any would-be scenarios involving Tronc include odd tradeoffs, weird valuations, and questions of sheer feasibility.”
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