Wednesday, December 13, 2006

Wednesday Night Linkage

Another Potential Tribco Bidder
... frustrated with the muted interest that the auction of Tribune has so far generated, the Chandlers are exploring the idea of leading a private equity consortium as a way to either create value in a leveraged buyout of the assets or to possibly start a bidding war.

Two pair of journos dish
Waxman concluded that the LAT staff is so battered by years of Tribune Company mishandling that they are looking for a knight: "They'll take a flawed knight."

Union blasts Wall Street Journal's deal with Breakingviews
Dow Jones announced Tuesday that the Breakingviews column -- produced by non-employees -- will appear daily the Wall Street Journal instead of once a week. The newsroom union says of the deal: "Is this the formula for the WSJ of the future -- homogenized news, prepared by outsiders who don't ask for healthcare or retirement, and who can't talk back?

Pioneer Press is target of Save Journalism Day rally
Minnesota Newspaper Guild organizers planned the rally in coordination with similar demonstrations nationwide, as Guild members observed Save Journalism Day in protest of layoffs and cutbacks – 44,000 in the past five years – that they say compromise newspaper standards.

How Baquet Brothers Survived Setbacks in L.A. and NOLA
The ballroom crowd applauded furiously as Dean Baquet stepped back from the podium, soaking up the response he'd received following one of the most important newspaper industry speeches of the year in late October. He didn't know at the time that it would also hold fateful consequences for his own career.

Santa Barbara News-Press CFO Fired
Randy Alcorn — the News-Press’ chief financial officer for 23 years, but disgusted by the paper’s dysfunctional chaos — was planning to resign. But owner Wendy McCaw beat him to it.

Hollywood Reporter eliminates 10 positions
As the entertainment world heads into its annual winter frenzy of awards shows, the 75-year-old Hollywood Reporter has cut 10 positions, including editorial director Howard Burns, as part of what publisher John Kilcullen described as "a significant transformation."

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