The only name listed on the documents is
a regional newspaper owner in Connecticut named Michael Schroeder who is keeping his mouth sealed, likely as a condition of whatever payment he received to serve as the LLC's «manager.»
Not exact matches
Buffett's investments in
newspaper companies including Graham Holdings (ghc)(former
owner of the Washington Post) and Lee Enterprises (lee)(which publishes dozens of
regional papers), are among his worst performers, with Graham's shares down 24 % and Lee's down 30 % over the past year.
Owners — of both
regional TV operations and of
newspapers — want more scale.
Gannett's hopes for a quick acquisition of Tribune Publishing, the
owner of the Los Angeles Times, Chicago Tribune, Baltimore Sun and a half dozen other
regional newspapers, are looking increasingly problematic.