Ken Doctor | @kdoctor | Dec. 6, 2019
News industry analyst and author Ken Doctor reports how the 5 biggest newspaper chains could become 2 before the end of June 2020 in his latest Newsonomics article published by Nieman Lab.
Is an end in sight?
The first half of 2020 “will be the final dance of the newspaper industry,” one of my savviest financial sources told me Thursday — someone who’s been right on the money for years. “Everything will get resolved in the first half of 2020.”
By “everything,” he means the consolidation of ownership and control of the United States’ major newspaper companies. What as recently as three weeks ago were five big chains — Gannett, GateHouse, McClatchy, Tribune, and Alden Global Capital’s MNG Enterprises — could well, by the middle of 2020, be two.