Ken Doctor
Ken Doctor
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Newsonomics: The McClatchy auction ends not with a bang, but only more whimpers

Newsonomics: The McClatchy auction ends not with a bang, but only more whimpers

HOME          LATEST STORY                    July 13, 2020, 11:04 a.m.The hedge fund Chatham Asset Management reeled in its prize, as expected. But now what does it want to do with it?It lacked a good villain like , and its conclusion was mostly foregone. But along the way, the drama of McClatchy’s bankruptcy was compelling enough to deserve some attention — even if only a few reporters, the paid by McClatchy itself, paid much attention to it.There were attempts at theatrics. Would thousands of retirees have their pensions saved? Would mustache-twirling Alden Global Capital tie McClatchy’s...

July 14, 2020
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Newsonomics: The New York Times is opting out of Apple News

Newsonomics: The New York Times is opting out of Apple News

HOME          LATEST STORY                    June 29, 2020, 2 p.m.A giant potential audience isn’t good enough on its own anymore: “It’s time to re-examine all of our relationships with the big platforms.”The New York Times has decided to opt out of Apple News.On its own, that may seem like just one more move in the chess game between major news companies and the platforms. But it could also be an indication of a more geologic movement. Will the rest of 2020 bring tectonic shifts in platforms’ power over news — or just a few more small tremors?The by global marketers is another indication...

July 2, 2020
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Newsonomics: The next 48 hours could determine the fate of two of America’s largest newspaper chains

Newsonomics: The next 48 hours could determine the fate of two of America’s largest newspaper chains

HOME          LATEST STORY                    June 29, 2020, 4:23 p.m.Tribune and McClatchy are both approaching critical deadlines that could lead to mergers, divisions — or even the first big nonprofit newspaper chain in the United States.The next 48 hours may decide the fate of two of America’s largest newspaper chains that collectively serve almost a fifth of all American local newspaper readers.And what happens in those hours could prompt a wave of other moves across the rest of the industry.The dates June 30 and July 1 have called out from the calendar for a while now. On Tuesday,...

June 30, 2020
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Turns out Warren Buffett won’t be the billionaire who saves newspapers either

Turns out Warren Buffett won’t be the billionaire who saves newspapers either

HOME          LATEST STORY                    Jan. 29, 2020, 2:32 p.m.By selling Berkshire Hathaway’s newspapers to Lee Enterprises, the world’s most successful investor is acknowledging the industry’s downhill slide is not near an end.Circa 2012, one of the most popular lines among American newspaper journalists went something like this: “Newspapers can’t be that terrible of a business if Warren Buffett, the smartest investor in the world, wants in.”That was the year that Buffett’s Berkshire Hathaway for $142 million. As : “The fact that Warren Buffett thought newspapers were a good...

February 11, 2020
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Newsonomics: Here are 20 epiphanies for the news business of the 2020s

Newsonomics: Here are 20 epiphanies for the news business of the 2020s

HOME          LATEST STORY                    Jan. 24, 2020, 7:38 a.m.After ten years of writing for Nieman Lab, Ken takes a big look back and ahead, defining the state of affairs for the troubled world of journalism.It is the best of times for The New York Times — and likely the worst of times for all the local newspapers with Times (or Gazette or Sun or Telegram or Journal) in their nameplates across the land.When I spoke at state newspaper conferences five or ten years ago, people would say: “It’ll come back. It’s cyclical.” No one tells me that anymore. The old business is plainly...

March 13, 2020
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