Llewellyn Hinkes-Jones
Writer/programmer. Deathlessly auratic registers of exchange
Vulture Capitalism Comes For the Tribune
In a deal arranged by the Tribune Company, eight Tribune newspapers will be spun off into a separate newspaper company completely removed…In a deal arranged by the Tribune Company, eight Tribune newspapers will be spun off into a separate newspaper company completely removed from the Tribune’s online and video segments. Not just being separated out, those newspaper arms will now be used to leverage some debt for the parent company’s investments. Rather than investing in the newspaper business, Tribune is bilking their dead tree arm in a move that parallels that of private equity firms.Llewellyn Hinkes-Jones2 min read