>> The New York Daily News, one of the cities most iconic tabloids sold to tronc, the national newspaper chain that owns the Chicago Tribune, The Baltimore Sun and the Los Angeles Times. Financial details of the deal have not been disclosed. But multiple reports say Tronc paid a mere $1 plus $30 million of the News' liabilities.
That amount, well below the $200 million price tag once sought by long-time owner, media and property mogul Mort Zuckerman when he put the Daily News up for auction two years ago. Zuckerman later dropped that plan in August 2015, saying the paper was no longer for sale. The News founded nearly 100 years ago by Trunc's predecessor predecessor, the Tribune company, formerly boasting nationally known columnists Liz Smith and Pete Hamill both also working for The News' main rival the New York Post.
>> The Pulitzer Prize gold medal for public service goes to The New York Daily News and ProPublica.>> Co-winner of a 2017 Pulitzer prize, the New York Daily News moves from one owner to a publicly traded company in the top US media market where it hopes to leverage it's digital reach.
Tronc, saying it would buy a nearly 50% stake in Zuckerman related entities which include, printing facilities in New Jersey.