This is an archived article that was published on sltrib.com in 2016, and information in the article may be outdated. It is provided only for personal research purposes and may not be reprinted.
— Newspapers decline but oil will be valuable for decades — Laura Nelson | Governor's Office of Energy Development | For The Salt Lake Tribune
" ... There is a certain irony that a business struggling in decline is expounding on how to manage the growth of a critical resource that helps to enable our state's economic well being. ..."
— The Tribune may be in trouble, but it's not in denial — George Pyle | The Salt Lake Tribune
" ... Just Wednesday, about seven minutes before the rest of the world found out, the staff of the Tribune was told that this newspaper is being sold. Again. This time by Digital First Media to an investment arm of Salt Lake City's Huntsman family headed by Paul Huntsman.
"And there was much rejoicing.
"This was the latest event in an industry that has seen so many closings, sales, mergers, spin-offs, lay-offs, buy-outs and shifts to online-oriented, or online-only, approaches to news.
"None of which has really cracked the nut of how to make enough money selling news to pay for the gathering and distribution of news. ...
" ... In a race to 21st century sustainability, fossil newspapers vs. fossil fuels, I like our chances. Because, while we're clearly in trouble, we're not so deep in denial."
— Saudi Arabia reveals post-oil vision — Paul Davidson and Steph Solis | USA TODAY
"Saudi Arabian officials on Monday laid out a sweeping plan to transform the kingdom from its heavy reliance on oil to a more diverse economy. ..."
— Gannett bids for LA Times-owning Tribune — AP | The Salt Lake Tribune
"Newspaper publisher Gannett wants to buy Tribune Publishing for more than $388 million, in a deal that would give the owner of USA Today control of the Los Angeles Times, Chicago Tribune and several other newspapers. ...
" ... Gannett wants Tribune so that it can expand its USA Today Network, an effort it launched late last year to unite its national brand USA Today with its more than 100 local daily newspapers. ...
" ... Buying Tribune would give Gannett 11 more daily newspapers, including the Orlando Sentinel, The Baltimore Sun and the Hartford Courant.
"As more people get their news online, print media companies have been buying up newspapers and websites to fight falling advertising revenue and to reduce costs. ..."
— After Gannett's $815 million Tribune bid, here are eight things to look out for — Ken Doctor | Nieman Lab
"How shocking is Gannett's now-public, hostile move to buy Tribune Publishing for $815 million? Entirely, and then not at all.
"The news world has lost its compass and, as the ads say, past performance is no guarantee of future performance. The pressure on news creators is growing more intense, producing a media chill for everyone from BuzzFeed to the Financial Times. (I discussed some of these issues this morning with Tom Ashbrook.) If flat was the new up, as publishers liked to joke (in less dire times), then volatility is the new stability. ..."
— Traditional media to the rescue — Michael Wolff | USA TODAY
" ... The salvation of digital media will be traditional media. Television after all is a proven thing. It's a hard road, but a viable one — at least success in television is real.
"And I get to say I told you so."
— Tampa Bay Times sells St. Petersburg headquarters, will remain as tenant — Jeff Herrington | The Tampa Bay Times
[These are the guys that are selling the Tribune. So, good-bye!]
— The declining value of U.S. newspapers — Amy Mitchell and Katrina Eva Matsa | Pew Research Center, May 22, 2015