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“#Daily News nixes pandemic bonuses for journalists — but pays the bosses” The New York Daily News on Friday stiffed its journalists out of a modest bonus it had promised them for their hard work during the pandemic. The New York-metropolitan area newspaper, which has successfully delivered on its pledged bonuses to management, cited staffers’…
“#Tribune, owner of NY Daily News, backs Alden Global’s bid despite higher offer” Tribune Publishing’s board has decided to stick with a buyout bid from its largest shareholder, Alden Global, despite getting a higher offer from hotel tycoon Stewart Bainum after the hedge fund said it would not support an alternative deal. Tribune, the owner of…
“#Unexpected white knight emerges for Tribune Publishing” The plot thickens around the future of Tribune Publishing owner of Chicago Tribune, the New York Daily News and others papers. In the latest twist, biotech billionaire Dr. Patrick Soon-Shiong, the LA times owner with a 24-percent stake in Tribune, dashed any lingering hope that he’d emerge as…
“#John Catsimatidis ponders another run at New York Daily News” Panicked supporters of the New York Daily News are desperately searching for a local billionaire to save the 101-year-old tabloid from the clutches of Alden Global Capital, Media Ink has learned. Sources say people close to the paper scanning their rolodexes for potential buyers have…
“#Tribune Publishing, owner of New York Daily News, sold to hedge fund” Tribune Publishing, parent company of the New York Daily News and the Chicago Tribune, has been acquired by its largest shareholder, Alden Global Capital, which will take the publicly traded company private in a deal valuing Tribune at $630 million. The definitive agreement…
“#Hedge fund’s bid to buy rest of Tribune Publishing met with resistance” The hedge fund trying to take over Tribune Publishing — owner of the Chicago Tribune, the New York Daily News and seven other newspapers — is running into strong resistance from a union representing its journalists as well as some shareholders. Alden Global…
“#Hedge fund Alden Global Capital offers to buy Tribune Publishing” Hedge fund Alden Global Capital, the largest shareholder of Tribune Publishing, publisher of the New York Daily News, has offered to buy the rest of the newspaper publisher at a price that values it at $520.6 million. Alden sent a letter to Tribune on Dec….
“#Tribune employees outraged after brass sends tone-deaf ‘phishing test’” If you want to watch Movies or TV series visit the Dizi.BuradaBiliyorum.Com Tribune Publishing, which has permanently shut down at least five of its newsrooms, laying off hundreds of workers, sent an email to employees Wednesday promising bonuses of $5,000 to $10,000 — a tasteless “test”…