US government blocks OC Register bankruptcy sale

From Breitbart Big Journalism:

Just hours after Chicago’s Tribune Publishing won a bankruptcy auction to acquire the serially bankrupt Orange County Register, the U.S. Department of Justice filed a lawsuit to block the deal on antitrust grounds.

Instead, the newspaper will likely be sold to the second-highest bidder, Digital First Media, the Register reports. Attorneys for the Register‘s owner, Freedom Communications, asked the bankruptcy court on Saturday to accept that bid, which will formally be considered Monday.

After a two-day bankruptcy court auction, Tribune Publishing announced on March 17 that it submitted a $56 million cash to prevail over Digital First Media, publisher of the Los Angeles Daily News and Long Beach-Press-Telegram, and a management bid to buy Freedom Communications.

Government lawyers complain that the acquisition would give Tribune control of 98 percent of English-language local daily newspaper sales in Orange and Riverside Counties.

Apparently, the government lawyers don’t know that people don’t really need to get their news from these sources anymore. If they did, Trump’s numbers wouldn’t be freaking out the GOP brass.


Despite widespread talk of a shift to digital, newspaper circulation revenues are actually up in the last five years, as publishers have chosen much higher prices, accepting some audience attrition. Profitability for circulation operations has also increased even more, thanks to less churn and a narrower delivery footprint, according to Alliance for Audited Media. More.

Reality check: In short, newspapers are marketing to a shrinking elite and abandoning the broad public to the internet. That helps us understand why, so often, they simply don’t sound as though they are writing for most people. See, for example, Progressive Outrage Machine Targets Ottawa Pro-Life Group (no one but the Progressive Outrage Machine is likely interested, apart from the pro life group, and it is the Outrage Machine that the dying mainstream media market to.)

So long as we are not paying taxes to save the dinosaurs and the internet remains free, let’s just let stuff keep happening like it does.

See also: Is there a future for serious journalism – except at panel discussions?


Our American Friend: UK Guardian on secret plan to stop Donald Trump

  • Commitnec Rophilia

    We are paying more. Yesterday’s budget included 150 million more for the CBC this year and a total of 670 million before the next election. The Liberal elites and the Mother Corpse commit necrophilia.

    • DavidinNorthBurnaby

      Incestuous necrophilia. Even worse (somehow).

    • mauser 98

      Ministry of Truth

    • dance…dancetotheradio

      So, it just hastens the obvious.
      The CBC is the official public relations organ of the government.
      As the rest of the media party withers away it will become more apparent to everyone eventually.
      What’s the name of that goddamned fish whose male becomes a parasite on the female after they mate?
      Reminds me of that.

      • Alain

        You are clearly mistaken in stating that the CBC is the official public relations organ of the government. It is however the official propaganda machine for the Liberals by default, and even the NDP if Liberals are missing. We endured that for ten years when the Conservatives formed the government.

        • dance…dancetotheradio

          Fair point for now.
          The way I see it, though, is that as the mainstream media dies it will seek safe haven a ward of the state.
          Eventually it will be no different in function than any other PR firm.

  • DavidinNorthBurnaby

    “So long as we are not paying taxes to save the dinosaurs …”
    A policy that Canerduh should have adopted some years ago (Mr Harper, I’m looking at *you*).

  • Terrence

    Here is yet another newspaper going under – in the socialist paradise of Venezuela

    • Millie_Woods

      Damn! How is the public supposed to stay informed as to which stores have toilet paper and Tampax in stock.

  • Millie_Woods

    ‘…publishers have chosen much higher prices, accepting some audience attrition’

    They should just print one or two copies every day thereby creating an artificial shortage so that collectors get into bidding wars for them. I know it sounds crazy but it worked for Beanie Babies.