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5/8/15

Tribune Publishing’s purchase of U-T San Diego is a sign of more consolidation to come

You might have heard: Los Angeles Times parent company Tribune Publishing will buy The San Diego Union-Tribune (Chicago Tribune)

But did you know: Tribune Publishing, parent company of the L.A. Times, has entered into an agreement to buy The San Diego Union-Tribune for $85 million. The deal brings the newspapers of two of Southern California’s largest cities under one owner, which Ken Doctor says is a sign of the kind of newspaper consolidation publishers are pushing for as print revenues continue to decline. After the deal is final, Doctor says it’s likely the L.A. Times will operate the business in San Diego, similar to what Tribune Publishing has done in Baltimore and Chicago.

The post Tribune Publishing’s purchase of U-T San Diego is a sign of more consolidation to come appeared first on American Press Institute.



from American Press Institute http://ift.tt/1ImaWQH

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