Media company Daily News, LP changed the owner, she owned the newspaper the New York Daily News and the web-site NYDailyNews.com was bought out by Chops.
The buyer and, concurrently, the owner of the Los Angeles Times and the Chicago Tribune confirmed the deal in a press release, and a new York tabloid reported the news on their pages.
According to the Chicago Tribune, the purchase cost of Chops inc. only $1.
Information publication New York Daily News was founded in 1919 and during its existence of 11 times became the winner of the Pulitzer prize — one of the most prestigious awards in the United States in the field of literature, journalism, music and theatre.
Over the past 25 years, the owner of izdaniia was Mortimer B. Zuckerman. In 1993, he acquired the Daily News, LP, and saved the company from bankruptcy, but in recent years it has ceased to be profitable. As reported Buisiness insider, along with Tronc inc. assumed debt in the amount of $30 million.
In Tronc inc. we believe that the merger will be fruitful. «When the New York Daily News will fall under our leadership, tronc will serve 10 major categories of the American audience, and the number of unique online visitors will exceed 80 million,» said CEO Justin Dearborn.
In addition to the Los Angeles Times and Chicago Tribune to the new owner the New York Daily News owned by MediaPortal The Baltimore Sun, Orlando Sentinel, South Florida’s Sun-Sentinel, Newport News, Virginia’s Daily Press, Allentown, Pennsylvania’s The Morning Call, Hartford Courant and The San Diego Union-Tribune.
