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    Articles tagged Patrick Soon-Shiong (17)

    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?
    “Any would-be scenarios involving Tronc include odd tradeoffs, weird valuations, and questions of sheer feasibility.”
    For a company that’s known little but chaos in its short life, the degree of uncertainty is now as high as ever. Just about the only thing we know: Tronc execs will come out well in the end.
    As much of Tronc’s turbulence looks to be clearing, new questions are emerging about who will next lead the big metro chain.
    “To whom will we now turn to enliven the continuing conflagration that is the American newspaper industry?”
    What are the first challenges the new ownership faces? What happens to the Tribune name? And could Chicago see two locally owned daily newspapers?
    This is a golden age of American protest. It’s time to stand up and fight the vulture owners hollowing out local news.
    Even without the L.A. Times, it still controls a lot of important newspapers. Will it sell them to Gannett, Murdoch, local individuals in each city — or to yet another private equity firm looking to strip papers for parts?
    Plus: Digital First’s owner gets sued for alleged bad behavior, The Athletic looks to get huge, and Advance newspapers start poking at paywalls.
    West Coast news chaos, a new leader at WordPress, the decline of digital display — and is The Washington Post really profitable?
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