media ink
Due diligence underway for all of Tribune, as Hartford group forms to buy Courant
As the bidding war for Tribune Publishing heats up, groups of investors are quietly forming allegiances on the sidelines in hopes of snagging newspaper assets expected to be sold off...
All eyes on billionaire Patrick Soon-Shiong as battle for Tribune heats up
As the battle to buy New York Daily News publisher Tribune Publishing heats up, the pressure is expected to mount for Dr. Patrick Soon-Shiong, the billionaire owner of the LA...
Second deep-pocketed white knight joins bid for Tribune Publishing
A Swiss-born billionaire has become the latest white knight to seek to wrestle control of Tribune Publishing from cost-cutting hedge fund Alden Global Capital. Hansjorg Wyss, former CEO of medical...
Daily News nixes pandemic bonuses for journalists — but pays the bosses
The New York Daily News on Friday appeared to stiff its journalists out of a modest bonus it had promised them for their hard work during the pandemic. The New...
Radar Online sold to ex-American Media exec Dylan Howard
Dylan Howard, who played a key role in the National Enquirer's "catch and kill" scandal before exiting American Media last year, has quietly purchased Radar Online from his former company,...
Asbury Park Press makes changes amid 'f---ing hot nurse' caption mess
The photojournalist behind the "f---king hot nurse" caption in the Asbury Park Press no longer has a job with Gannett-owned daily, which has promised to start requiring two sets of...
Anna Wintour to cast wide net for Alexi McCammond replacement at Teen Vogue
It's back to the drawing board for Anna Wintour. Although there were a handful of other candidates in the running to take over Teen Vogue before Wintour's top pick of...
Kelly Gang hits pause on 2021 St. Patrick's Day fundraiser after raising $65K in 2020
The Kelly Gang, the charity organization started by media figures who share the same surname, hit pause on its 2021 St. Patrick's Day fundraiser but plans to return in force...
Unexpected white knight emerges for Tribune Publishing
The plot thickens around the future of Tribune Publishing owner of Chicago Tribune, the New York Daily News and others papers. In the latest twist, biotech billionaire Dr. Patrick Soon-Shiong,...
Stampede for Dr. Seuss titles sends book sales soaring
The book industry saw sales surge 34 percent last week -- thanks in part to the stampede for Dr. Seuss titles following moves to end the publication of six books...
New York Times drops suit over Time magazine's 'Time 100 Talks'
The New York Times has walked away from efforts to stop Time magazine from using the "Time 100 Talks" name for the series of discussions it hosts with influential people,...
Booksellers were unprepared for Dr. Seuss ban as sales skyrocket
Booksellers say they were completely caught off guard when Dr. Seuss's publisher yanked six books for racially offensive imagery this week in a move that's only served to send sales...
US efforts to force Google, Facebook to pay for news gain steam
Australia's bold move to force tech giants to start paying for the news appears to be reigniting US efforts to hold Google and Facebook to account for the gloomy state...
Conde Nast taps Gideon Lichfield to head Wired magazine
Conde Nast has tapped a British born editor who speaks five languages as the global editor-in-chief of Wired. Gideon Lichfield, who will be supervising four worldwide editions of the popular...
John Catsimatidis ponders another run at New York Daily News
Panicked supporters of the New York Daily News are desperately searching for a local billionaire to save the 101-year-old tabloid from the clutches of Alden Global Capital, Media Ink has...
Facebook exec withdraws from race for LA Times top editor post
Anne Kornblut, a former Washington Post Pulitzer Prize winner who now works for Facebook, is the latest candidate to pull out of the race for top job at the Los...
Washington Post names interim editor ahead of Marty Baron exit
The Washington Post has tapped Cameron Barr, one of four managing editors, to be its acting executive editor ahead of Marty Baron's exit on Feb. 28. "The search for the...
Larry Burke sells Outside magazine and TV to Pocket Outdoor Media
Larry Burke's Mariah Media has sold his award-winning Outside magazine and Outside TV to a venture-backed rival that has been snapping up sports publications. The acquiring company, Pocket Outdoor Media,...
Oprah magazine to add paywall, new name for quarterly bookazine
Oprah Winfrey and Hearst on Monday pulled back the curtain on their plans for O, the Oprah Magazine, including a paywall and new leadership team. The magazine, which stopped regular...
NY Times scraps field trips that resulted in N-word controversy
The New York Times is ending its bizarre practice of hosting costly educational trips to far-away lands, like the one that forced long-time reporter Donald G. McNeil Jr. to resign...