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The “New York Daily News” changes hands


The Tronc press group, publisher of Los Angeles Times and you Chicago Tribune, announced, Tuesday, September 5, to have acquired the daily The New York Daily News, a New York institution that has become an anti-Trump banner, for just one dollar.

Created in 1919, the New York Daily News has long been a benchmark in New York. Tabloid with shocking titles, the daily embodies a combative journalism, which aims to be the voice of the working classes and which does not hesitate to attack the mistakes of the powerful. He received eleven Pulitzer Prizes, the last in 2017, for reporting on abusive evictions carried out by the New York police.

Critique de Donald Trump

Since the rise of Donald Trump’s campaign, the Daily News, so far relatively apolitical, has become one of the former real estate developer’s most critical headlines.

Tuesday, the tabloid still qualified Donald Trump, in “one”, of « Dream Crusher » (“Dream breaker”), pun on the theme of « Dreamers », young people who arrived illegally in the United States during their childhood and threatened by the possible questioning of the DACA program, which allows them to study and work legally in their adopted country.

Since the advent of the Internet, the newspaper has suffered, struggling to find its place in the online media landscape. The very aggressive strategy of New York Post, which has been more successful in influencing the Internet, has also contributed to its weakening.

The sales of its paper edition continue to decline and were around 300,000 daily copies in 2015, according to several media. According to these media, his losses are estimated at between 20 and 30 million dollars per year in recent years. Over the past two years, the group has carried out several waves of job cuts, parting with several of its major editorial writers.

The daily had been owned for twenty-five years by real estate and media mogul Mortimer B. Zuckerman. With this transaction, the Daily News joins a listed group led by businessman Michael Ferro, who made his fortune in software publishing.

Trunk will bear the costs of editing the Daily News and will honor the commitments corresponding to the retirement pensions of the employees of the daily, according to a statement released Tuesday. With this acquisition, Tronc, formerly Tribune Publishing, now controls a major title in the three largest markets in the United States, Los Angeles (LA Times), Chicago (Tribune) and New York.

The World with AFP

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