News Media, Newspaper Industry | featured news

Is the newspaper business dead? John Garrett's hyperlocal chain in Texas suggests there's still life in the old medium.

Rupert Murdoch's News Corporation is looking to bid for the Los Angeles Times, the paper has reported, adding Murdoch is also interested in buying its stablemate the Chicago Tribune from their parent company, the Tribune Company.

A majority of Americans don't seem to recognize the value of their local newspaper. According to a survey from the Pew Research Center, most people say they wouldn't miss local news if their newspaper no longer existed.

Righthaven's dream of corporate enrichment via frivolous lawsuits is in tatters, and the company's erstwhile partners are abandoning ship. The new CEO of MediaNews Group, John Paton, announced this week that its partnership with Righthaven would expire at the end of the month and that the company has no plans to renew it.