Category Archives: Tribune Co.

Should Murdoch be able to buy the L.A. Times?

By Christopher B. Daly 

Conservative media mogul Rupert Murdoch is not finished trying to acquire more news outlets, despite his unsavory legal problems.

His latest target is the L.A. Times, the paper that the conservative Otis and Chandler families used to spearhead the phenomenal growth of LA (and, not incidentally, their family own’s fortunes). A story in today’s NYTimes provides an1923.04.22-Los_Angeles_Times_Front_Page update.

Here’s the situation: Like most big newspapers, the LATimes is in financial trouble, so its owner (the Tribune Co.) wants to sell it. One of the few buyers of newspapers is Rupert Murdoch.

Here’s the problem: Murdoch already owns two television station in Los Angeles, KTTV and KCOP. Like all holders of broadcast licenses in the United States, the two stations are subject to regulation by the Federal Communications Commission. Decades ago, the FCC idealistically promulgated rules that limit the ownership of tv and radio stations and that limit the “cross-ownership” of broadcast entities and newspapers in the same market. The idealistic impulse was to try to keep ownership diverse and prevent anyone from monopolizing the market for news and opinions in a given part of the country.

Here’s the wrinkle: Murdoch runs his News Corp. by basically using his many profitable broadcasting properties (starting with Fox TV) to subsidize his many money-losing newspapers (starting with the New York Post). His next step is to divide his company in two: a broadcasting division and a print division. If he pulls that off, he may be able to skirt the FCC rules.

Stay tuned.



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Filed under broadcasting, Fox News, Journalism, media, Murdoch scandal, regulation, Tribune Co.

David Carr is right again

By Chris Daly

In his column today, the New York Times media columnist does a brutal take-down of Craig Dubow, the value-destroying former head of the Gannett newspaper chain. (It gives me great pleasure to describe Gannett as a “chain,” because for all the years that I worked at the AP, we were forbidden to refer to any of the big newspaper chains as chains, because they carried such clout on the AP Board that they has succeed in banning the term chain in connection with their own businesses.)

Long story short: Dubow eviscerated the company, then walked off with a $37 million “bonus” package. What a racket.


BTW. . . Here is the company’s updated logo. (To my mind, it carries a kind of creepy aftertaste: What exactly is within reach? Whose reach? Sheesh.)


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Filed under Journalism, journalism history, New York Times, publishing, Tribune Co., Uncategorized

The Power of Reporting

By Chris Daly

That’s what David Carr has on-offer in this piece about Tribune Co.

Instead of attitude and adjectives, he has facts and quotes.

One moral of this story: This mess inside Tribune appears to be the fruit of the “zoo radio” culture — which gave us Glenn Beck and which seems to be one of those places that provides a haven for teenage boys who don’t want to grow up.

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Filed under Glenn Beck, Journalism, Tribune Co.