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.
NYS Entity Status
NYS Filing Date
JUNE 28, 2013
NYS DOS ID#
NYS Entity Type
DOMESTIC BUSINESS CORPORATION
2013 - CHAMPION MANANGEMENT SERVICES, INC.
Around the Web
- Publisher Tronc acquires Daily News, storied NY tabloid
By JENNIFER PELTZ, Associated Press - Monday Sep 4, 2017
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By Ashlee Kieler - Monday Aug 14, 2017
From drones to airplanes, and fleets of on-demand delivery drivers or employees making dropping off packages, many retailers — most notably Amazon — have begun dipping they toes in the logistics and delivery game. Now it’s Target’s turn, as the big box retailer has acquired a transportation tech firm with the intention of speeding up deliveries to customers.…
- Business News Roundup, Aug. 15
By Chronicle News Services - Monday Aug 14, 2017
Target is buying a San Francisco company as one of the moves it announced Monday to shore up two key areas: groceries and delivery.The retailer is buying delivery logistics company Grand Junction for an undisclosed price to help with same-day delivery to in-store shoppers.Grand Junction software connects retailers with about 700 companies that pick up items from stores or distribution centers and take them to customers.Target and Walmart have adjusted their shipping programs as they try to lure online shoppers away from Amazon.Music service Pandora has named Roger Lynch, the head of Dish’s streaming video service, as its CEO as it wrestles with competition from Spotify and other newer music apps.The Oakland company said Monday that Lynch, who starts Sept. 18, is the right leader because he has worked with media companies on new distribution models.The Finland firm is planning an initial public offering as early as next month that could value the maker of the “Angry Birds” mobile games and movie at about $2 billion, said people familiar with the matter.The company could raise about $400 million from a local market listing, the people said, asking not to be identified as the details aren’t public.A listing would test investors’ appetite for entertainment software, a group whose shares have declined an average of 18 percent from their offer prices following IPOs this year.King Digital Entertainment, the creator of “Candy Crush,” was acquired for a 20 percent discount to its IPO price in 2015 amid revenue declines.[...] Netmarble Games Corp., the maker of the “Lineage” and “Stone Age” mobile games — and South Korea’s biggest listing in seven years — has declined 17 percent since its shares started trading in May.
- Target acquires transportation company Grand Junction to expand same-day delivery services
By Sarah Perez - Monday Aug 14, 2017
Target has acquired San Francisco-based transportation technology company Grand Junction, in order to help it move more quickly into the business of same-day delivery. The company had already been working with Target on a same-day delivery pilot program in New York’s Tribeca neighborhood, prior to this deal. That pilot will expand this fall to more New York area stores before a… Read More
- Syracuse comes out of nowhere to stun defending-champion Clemson
By Associated Press - Saturday Oct 14, 2017
SYRACUSE, N.Y. — Eric Dungey threw for 278 yards and three touchdowns, Cole Murphy kicked a tie-breaking field goal in the fourth quarter, and Syracuse stunned No. 2 Clemson 27-24 on Friday night to put a damper on the Tigers’ chances to repeat as national champions. Clemson (6-1, 4-1 Atlantic Coast Conference) had won 12...
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