![]() The Union-Tribune, which has gone through a number of ownership changes, was sold to Platinum Equity in 2009, then to Douglas F. The newspaper industry in general has had to navigate increasingly difficult times as advertising and subscribing revenue has declined and newsroom staffing has contracted.Īlden is the second-largest newspaper publisher in the country, behind Gannett, which owns USA Today and other papers. The media organization recently announced it was eliminating 74 positions in its newsroom, which translates to about 13 percent of its staff. The sale comes as the Los Angeles Times has had to make deep cuts of its own. As our staff knows, this isn’t an easy business, but I have a lot of confidence in the future of the Union-Tribune.” Responding to the announcement, Union-Tribune Editor and Publisher Jeff Light said, “I’m grateful to the Soon-Shiong family, who were good owners. ![]() It is still too early to say whether there might be some collaboration between the Union-Tribune and Southern California News Group newsrooms, sources close to the transaction said on Monday. The Union-Tribune employs a total of 220 in the company with 108 in the newsroom. It is unknown at this time how deep the potential cuts could be. If the company does not “reach a sufficient number of employees” to take buyouts, “the company will lay off additional employees,” the staff was informed. Staff was notified Monday that the new owner is offering buyouts through next Monday. In a subsequent email sent to Union-Tribune employees from the MediaNews Group, Sharon Ryan, executive vice president of California for MediaNews Group, said that cutbacks will be needed to “offset the slowdown in revenues as economic headwinds continue to impact the media industry.”Īn effort will be made, she said, to find efficiencies in business operations, distribution and production, “while striving to support and prioritize the robust, local newsgathering needed to serve the communities that rely on the Union-Tribune for excellence in journalism.” Times into a self-sustaining institution will be our focus, as we believe that Los Angeles needs and deserves a strong, independent news organization.” The ongoing work of transforming the L.A. Times and San Diego Union-Tribune to succeed. We hope that this change now will position both the L.A. said the Soon-Shiong family “made a good faith effort to rebuild and support both news organizations. The News Group is the parent company of the Southern California News Group papers, among them the Orange County Register, Los Angeles Daily News, Riverside Press-Enterprise, Long Beach Press-Telegram, San Gabriel Valley Tribune, Pasadena Star-News, Whittier Daily News and San Bernardino Sun.Īn email memo to employees of the Union-Tribune, which includes the Ramona Sentinel. Patrick Soon-Shiong has sold The San Diego Union-Tribune to an affiliate of the MediaNews Group for an undisclosed amount, it was announced on Monday.ĭenver-based MediaNews Group is owned by Alden Global Capital, which owns roughly 200 publications, including the Chicago Tribune.
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