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Thread: Digital First's hostile takeover attempt of Gannett

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    Champ The Historian has a reputation beyond reputeThe Historian has a reputation beyond reputeThe Historian has a reputation beyond reputeThe Historian has a reputation beyond reputeThe Historian has a reputation beyond reputeThe Historian has a reputation beyond reputeThe Historian has a reputation beyond reputeThe Historian has a reputation beyond reputeThe Historian has a reputation beyond reputeThe Historian has a reputation beyond reputeThe Historian has a reputation beyond repute
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    Digital First's hostile takeover attempt of Gannett

    If you think Gannett's quality in Louisiana is bad now watch what happens if Digital First ultimately succeeds in its takeover attempt. Gannett's board is attempting to fend DF off, but it may just be a matter of time before DF succeeds.

    https://www.washingtonpost.com/busin...=.47c53a04bd68

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    Re: Digital First's hostile takeover attempt of Gannett

    This is what Digital First did to the Denver Post:

    "MNG is mostly owned by Alden Global Capital, a New York-based hedge fund known for buying distressed properties. It has been investing in newspapers for the last decade. While the newspaper industry has struggled in recent years, critics say MNG cuts deeper than most of its rivals."

    Still, it is unlikely that news of the acquisition will be met with celebrations in Gannett’s newsrooms across the country, as MNG’s aggressive cost-cutting tactics have earned derision from plenty of journalists.

    MNG found itself embroiled in a dispute last year with employees at the Denver Post, whose editorial board wrote a blistering piece calling out the “vultures” at Alden.

    The Wall Street Journal was the first to report on Digital First’s plans to buy Gannett. When the news broke Sunday night, journalists across the industryexpressed alarm, bracing themselves for yet more instability in small and local newrooms.

    As longtime media critic Jim Romenesko put it: “Haven’t newspaper employees suffered enough?”

    Niraj Warikoo, staff writer for the Gannett-owned Detroit Free Press tweeted: “If DFM takes over Gannett, it will basically be the end of the American newspaper industry.”

    https://denver.cbslocal.com/2019/01/...r-denver-post/

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    Re: Digital First's hostile takeover attempt of Gannett

    This is just another nail in the coffin for print media. It will all eventually turn into websites like ESPN, Fox and CNN with fluff that can be transposed from one region to another with no reasonable amount of local content whatsoever.

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    Super Moderator Tech77 has a reputation beyond reputeTech77 has a reputation beyond reputeTech77 has a reputation beyond reputeTech77 has a reputation beyond reputeTech77 has a reputation beyond reputeTech77 has a reputation beyond reputeTech77 has a reputation beyond reputeTech77 has a reputation beyond reputeTech77 has a reputation beyond reputeTech77 has a reputation beyond reputeTech77 has a reputation beyond repute Tech77's Avatar
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    Re: Digital First's hostile takeover attempt of Gannett

    The coverage we get from the 2 area Gannett products is so poor, who cares?
    Good old Memorial Gym

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    Re: Digital First's hostile takeover attempt of Gannett

    Quote Originally Posted by Tech77 View Post
    The coverage we get from the 2 area Gannett products is so poor, who cares?
    The local papers have been dead to me for years. This is more or less reading their proverbial obituary.

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    Super Moderator PawDawg has a reputation beyond reputePawDawg has a reputation beyond reputePawDawg has a reputation beyond reputePawDawg has a reputation beyond reputePawDawg has a reputation beyond reputePawDawg has a reputation beyond reputePawDawg has a reputation beyond reputePawDawg has a reputation beyond reputePawDawg has a reputation beyond reputePawDawg has a reputation beyond reputePawDawg has a reputation beyond repute PawDawg's Avatar
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    Re: Digital First's hostile takeover attempt of Gannett

    Quote Originally Posted by Tech77 View Post
    The coverage we get from the 2 area Gannett products is so poor, who cares?
    Our decision makers must care. They continue to kiss ass like they are old school Wiley Hilburn. We give them an INCREDIBLE amount of valuable sponsorship each year and get NOTHING in return. This has been happening for at least 5 years. Probably more. This is one that we can't blame our AD for.

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    Re: Digital First's hostile takeover attempt of Gannett

    If they take out Gannett and the result is a middle of the road editorial position vs the current liberal one, then it's a positive. Heck, I might even take a look. Beyond that it really just doesn't matter anymore.

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    Re: Digital First's hostile takeover attempt of Gannett

    I just want to know why a company like Gannett is allowed to own approximately 1100 newspapers (most of which are city's flagship newspapers) across the country and approximately 300 in the UK. I'm no lawyer, so I'll ask. Is there some sort of antitrust law to keep a monopoly like this from occurring?

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    Re: Digital First's hostile takeover attempt of Gannett

    I see Cory Diaz is down in Lafayette covering ULL.

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    Re: Digital First's hostile takeover attempt of Gannett

    Quote Originally Posted by qng001 View Post
    I see Cory Diaz is down in Lafayette covering ULL.
    he sent a tweet about going to help the short-handed staff down there. I almost replied: Tech fans would have never known.

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    Re: Digital First's hostile takeover attempt of Gannett

    When are we going to start calling them UL like our leaders have given the nod to? They deserve to be recognized for what they accomplished. It is OFFICIAL Just ask all the UL presidents.

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    Re: Digital First's hostile takeover attempt of Gannett

    Quote Originally Posted by qng001 View Post
    I see Cory Diaz is down in Lafayette covering ULL.
    Any kin to Manny? I think I've heard the name but can't place it.

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    Re: Digital First's hostile takeover attempt of Gannett

    Good for Cory, no hard feelings here. Helping out the company, young guy trying to move up.

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    Champ tenacious_dog has a reputation beyond reputetenacious_dog has a reputation beyond reputetenacious_dog has a reputation beyond reputetenacious_dog has a reputation beyond reputetenacious_dog has a reputation beyond reputetenacious_dog has a reputation beyond reputetenacious_dog has a reputation beyond reputetenacious_dog has a reputation beyond reputetenacious_dog has a reputation beyond reputetenacious_dog has a reputation beyond reputetenacious_dog has a reputation beyond repute
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    Re: Digital First's hostile takeover attempt of Gannett

    Quote Originally Posted by PawDawg View Post
    When are we going to start calling them UL like our leaders have given the nod to? They deserve to be recognized for what they accomplished. It is OFFICIAL Just ask all the UL presidents.
    Never.

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    Re: Digital First's hostile takeover attempt of Gannett

    Quote Originally Posted by tenacious_dog View Post
    If they take out Gannett and the result is a middle of the road editorial position vs the current liberal one, then it's a positive. Heck, I might even take a look. Beyond that it really just doesn't matter anymore.
    True dat! Gannett is a liberal rag.

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