Thursday, September 8, 2011
This media merger has broad implications
Should we care about a merger of sorts between newspaper chains that don't have outlets in our hometown? The answer, of course, is yes when it's a merger between two of the nation's largest remaining chains, Journal Register Co. and MediaNews Group. As widely reported, especially in this context-setting piece by Nieman Journalism Labs, where two independent companies are forming a third company to manage the two others. It's a vastly different business model that's worth watching.
Speaking of business models, the new company's CEO, John Paton, also CEO of the Journal Register, is an outspoken opponent of paywalls and MediaNews Group has more than two-dozen paywalls already erected. Paton says it's too early for him to decide what to do with the existing paywalls.
Posted by Steve Byers at 8:37 AM