USA Today publisher Gannett walked away Tuesday from its attempted takeover of Tronc, the owner of the Los Angeles Times, Chicago Tribune and other major dailies.
We still don't know if USA Today owner Gannett will continue its $864 million bid for Tribune Publishing, but we do know that no one will have Tribune to kick around anymore.
The newspaper business is shrinking fast. Print ad revenues keep falling, and cost-cutting is the mantra of the day. So why is Tribune Publishing fighting so hard to avoid the embrace of USA Today owner Gannett?
A well-known social media journalist was sentenced to two years in federal prison Wednesday after he was convicted of conspiring with the hacking group Anonymous to break into the Los Angeles Times' website and alter a story.
The owner of the Los Angeles Times, Chicago Tribune and other newspapers says it expects a buyout offer to cut its staff by 7 percent.
US media giant Tribune Co. said Wednesday it would slash 700 jobs at its newspapers including the Los Angeles Times and Chicago Tribune, to cope with the industry's slump.
The Koch brothers are dropping their pursuit of newspapers owned by the Tribune Co. of Chicago.
US newspapers are increasingly turning to deep-pocketed white knights to keep them alive as free news on the Internet hijacks readers and erodes profits.
With a sale likely of a prominent group of US newspapers, the interest of a potential buyer tied to right-wing causes has galvanized opponents fearing the dailies could become political tools.
Some of America's largest and most storied metropolitan newspapers are up for sale, in a sign of the turmoil facing an industry struggling to find a business model in the digital age.