The largest US newspaper publisher, Gannett Company, has offered to buy Tribune Publishing for $815 million.
That’s an offer Tribune can’t really refuse, as it is worth about 60% more than the face-value of the company.
If this type of consolidation passes the Department of Justice, in the coming weeks or months, Gannett will hold eleven additional daily papers, including the Los Angeles Times and Chicago Tribune.
What effect could it have on local news coverage? And exactly where on the timeline do we get to the Death of Printed News?
Ken Doctor, founder and owner of Newsonomics, a book and website about the how consumer media is changing in the digital age. He currently serves on the Dean’s Council at the University of Oregon’s School of Journalism and Communication.