Tronc is changing its name back to Tribune Publishing.
The Chicago-based company announced the decision on Thursday.
The name change will take effect after the market closes Tuesday. Beginning Wednesday, the company's stock will trade on the NASDAQ under the new ticker symbol TPCO.MORE
About a month before the Texas Tribune launched in 2009, media reporter Jack Shafer wrote a piece for Slate delineating the numerous problems inherent in nonprofit journalism – namely, that nonprofits lose money on purpose, and thus, have to take handouts, which, Shafer says, "come with conditions." Shafer, who then blithely referred to CEO Evan Smith as "picking the pocket" of venture capitalist John Thornton, also spelled out that audience development is always secondary to advocacy in this sort of business model:
"Commercial outlets may reflect their owners' views, but this tendency is always tempered by the need to attract readers and viewers. Nonprofit outlets almost always measure their success in terms of influence, not audience, because their customers are the donors who've donated cash to influence politics, promote justice, or otherwise build a better world."
Of course, the Texas Tribune's base, composed of members scattered across the state and beyond, also includes deep-pocketed professional philanthropists. But just as the Tribune has evolved from a niche publication for hardcore policy wonks to a mainstream, establishment publication, its lofty goals for influence and audience aren't at odds with each other; they're inextricably linked.
Read more from Columbia Journalism ReviewMORE
With an enhanced balance sheet following the sale of the California News Group, tronc, Inc. is embarking on a national digital growth strategy through its newly reorganized Tribune Interactive division, which will operate the digital functions of the company, as well as pursue strategic growth investments and acquisitions, such as its newly announced majority ownership in high growth consumer reviews and e-commerce company, BestReviews.MORE
With its first community reporter, The Texas Tribune is turning Texans themselves into its next big beat
At the Texas Tribune, the desire to better listen and respond to the voices of readers has birthed the creation of a new beat on the site: Texans themselves. The Tribune plans to hire its first "community reporter," who will be charged with forging relationships with readers and using their feedback to help drive the Texas Tribune's coverage. The site is looking to crowdfund $25,000 to partially cover the salary of the position.
Read more from Nieman Lab.MORE
Star Tribune Media Company, LLC, publisher of the Star Tribune in Minneapolis-St. Paul, Minn., has engaged LEAP Media Solutions to engineer, manage and deploy a state-of-the-art marketing automation and analytics platform (MAAXTM) to drive the company's ambitious audience initiatives.MORE
This week we explore some of the ideas and opportunities emerging from nonprofit newsrooms, including The Center for Investigative Reporting, The Marshall Project, ProPublica and The Texas Tribune.MORE
America's Newspapers – the association formed from the merger of the Inland Press Association and Southern Newspaper Publishers Association – was ceremonially launched October 6 at its inaugural annual meeting in Chicago.
Dean Ridings will be its chief executive officer, effective Nov. 11.
America's Newspapers unites two of the oldest press associations to form one of the industry's largest advocates for newspapers and the many benefits to their communities, civil life, freedom of expression and democracy.
"Newspaper journalism provides a voice for the voiceless, challenges elected officials, shines a light on government, calls for change when change is needed, and exposes corruption and injustice," said Chris Reen, the president and publisher of The Gazette in Colorado Springs who will serve as the first president of America's Newspapers.More
A new association formed by the consolidation of SNPA and the Inland Press Association was officially launched today. The name of the new association will be announced on Oct. 6 at the association's first annual meeting in Chicago.
Edward VanHorn, SNPA's executive director, said that the merger unites two of the country's oldest press associations into a progressive new organization that will use its bigger and more powerful voice to be an unapologetic advocate for newspapers.More