NYT: http://mediadecoder.blogs.nytimes.com/2011/11/17/san-diego-newspaper-sold-to-powerful-local-developer/#postComment WSJ: http://blogs.wsj.com/deals/2011/11/18/platinum-equity-to-sell-union-tribune-to-san-diego-entrepreneur/
Is local ownership of news media a good thing?
Can anyone be successful owning 1 or 2 local media outlets (news, tv, radio) in a single major metro market?