NEWS OF THE INDUSTRY
MEDIANEWS MONITOR
Blood on the newsroom floor: MediaNews merger
But new CEO sounds confident of success ahead
Richard Brenneman - 07 Sep 2011
MediaNews Group, the company that produces the largest share of California’s newspapers, is merging managerial functions with the Journal Register Co., with the new operation headed by Journal Register boss John Paton. Paton, who is one of the newspaper world’s leading advocates of a transition to the digital realm, becomes the boss of most San Francisco Bay Area newspapers, now published by MediaNews’ Bay Area News Group.
PRESS RELEASE
Alden tightens grip on MediaNews, Journal Register
New CEO to push digital business model
PR Newswire - 07 Sep 2011
Alden Global Capital moved Wednesday to consolidate management of its newspaper holdings, merging senior leadership of MediaNews and Journal Register Co. John Paton of Journal Register Co. will be CEO. MediaNews, known for slashing costs, owns the San Jose Mercury News, Monterey Herald and BANG-East Bay.
|