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The [Tuesday] PapersWhen Gannett flagship USA Today first came on the scene, it infamously inverted the journalism paradigm by focusing relentlessly on the sunny side of things. Thus, the classic headline "Miracle: 327 survive, 55 die." The paper is not quite so smarmy these days, but it's still USA Today, and its satellite publications are still essentially McPapers - each one uses the same template for its website, for example. Seeing as how Gannett is now in the midst of a hostile bid for Tribune Publishing, I thought I'd reimagine some Chicago news as if Gannett had owned the Tribune when it happened: * 610 Schools Survive; 50 Closed. * 49 Aldermen Not Indicted; 1 Charged. * Thousands Of Suspects Not Tortured By Jon Burge: Report. Well, you get the idea. - For a look at the boardroom maneuverings now taking place, I highly recommend this scathing Andrew Ross Sorkin column, which identifies the Tribune board of directors as a bunch of neophyte pushovers essentially committing financial malpractice. Also, the Wall Street Journal reports that someone is lying - either the CEO of Tribune or the CEO of Gannett. Locally, Joe Cahill of Crain's writes that "In the consolidation game, Tribune Publishing makes a better target than an acquirer." Standing in the way? Michael Ferro's perverted dream of "saving journalism" - and hungry shareholders who must feel like Christmas just came early. - See also: After Gannett's Bid For Tribune, 8 Things To Look Out For: - The Fiction Of Farm-To-Table - TweetWood
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- The Beachwood Tip Line: Miracle survivor. Posted on April 26, 2016 |
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