New York's hometown paper is once again owned by a Chicago-based newspaper holding company, following the 'New York Daily News' sale on Monday to Tronc Inc. In a way, it's like deja vu. Tronc wasformerly Tribune Publishing, the publisher of the 'Chicago Tribune,' which originally created the 'New York Daily News' nearly a century ago.
NYS Entity Status
NYS Filing Date
JULY 21, 2014
NYS DOS ID#
NYS Entity Type
DOMESTIC BUSINESS CORPORATION
2014 - BASE SALES INC.
Around the Web
- NY's Hometown Paper Once Again Owned By Chicago Publisher
Tuesday Sep 5, 2017
- Troubled Toshiba, Bain finalize sale of memory-chip business
By YURI KAGEYAMA, AP Business Writer - Thursday Sep 28, 2017
TOKYO (AP) — Toshiba and a consortium led by Bain Capital Private Equity signed a deal Thursday for the sale of the Japanese electronics company's computer memory chip business, a move long opposed by Toshiba's U.S. joint venture partner Western Digital.The consortium includes Apple Inc. and Dell Technologies Capital as U.S. investors, who will not acquire common stock or voting rights over the business. The sale of Toshiba Memory Corp. is priced at 2 trillion yen ($18 billion).The deal was widely expected as Tokyo-based Toshiba Corp., which also has railroad and nuclear energy units, had announced it earlier, and the board signed off on it last week.
- The Weinstein Company in Sale Talks With Colony Capital, Gets Emergency Cash Infusion
By Wrap Staff, provided by
- Monday Oct 16, 2017
The Weinstein Company has entered a “preliminary agreement” with Colony Capital that will “provide an immediate capital infusion into the Company,” TWC announced Monday.Additionally, TWC is negotiating a potential sale of all or a portion of the company’s assets to Thomas Barrack Jr.’s firm.The amount of the capital investment and terms of any potential sale of assets were not disclosed.Also Read: Gawker-Killer Lawyer Leaves Harvey Weinstein's Legal Team Without Suing NY TimesThe 12-year-old NYC-based indie film and TV studio has been under siege since the firing last week of co-founder Harvey Weinstein in the wake of disclosures of multiple allegations of sexual misconduct.
- Time Inc. Explores Sales Of 3 Lifestyle Magazines
Wednesday Jul 26, 2017
Time Inc. is exploring the sale of three of its titles: 'Coastal Living,' 'Sunset' and 'Golf.' It is also looking to sell off its UK magazine division.
- Growbots raises $2.5M for its machine learning-based sales automation platform
By Frederic Lardinois - Wednesday Jun 21, 2017
Growbots uses machine learning to provide sales teams with the right leads to kickstart their outbound sales process. The service, which argues that its product can save each member of a sales team a few days of work every month, today announced that it has raised a $2.5 million funding round from Buran VC, Lighter Capital and a number of angel investors. This brings the company’s… Read More
- Publisher Tronc acquires Daily News, storied NY tabloid
By JENNIFER PELTZ, Associated Press - Monday Sep 4, 2017
NEW YORK (AP) — Newspaper publisher Tronc has acquired the Daily News, a storied New York tabloid newspaper that won a Pulitzer Prize this year but has been buffeted by the changing media environment.Chicago-based Tronc Inc., the publisher of the Los Angeles Times and the Chicago Tribune, announced the deal Monday night, and the Daily News posted a story on its website.Tronc CEO Justin Dearborn said acquiring the paper and its popular website would "provide us with another strategic platform for growing our digital business, expanding our reach and broadening our services for advertisers and marketers," and both Tronc and Daily News executives said the company would maintain the quality of the paper's journalism.