Tampa Bay Times’ Buying of Tribune Latest in Grim News Landscape – New Posts 2016

By: Associated Press
May 6, 2016

ST. PETERSBURG, Fla. (AP — If a metro area with 2.7 million people can’t sustain two newspapers — especially with an aging population with the time and inclination to read a printed paper — can anywhere?

Some say maybe not.

The purchase of the 123-year-old Tampa Tribune in Florida this week by the paper’s rival, The Tampa Bay Times, stunned employees and area residents. But media watchers largely shrugged, calling it the latest in a long slide of obsolescence for America’s print media.

The Times-Tribune saga is the latest in a turbulent media market.

Tampa Bay Times chairman and CEO Paul Tash said he intends to create one financially secure, area media outlet — the fifth-largest Sunday circulation newspaper in the nation.

MESHMODEL.COM– New Posts 2016

KAYNAK : http://www.wctv.tv/news/headlines/Tampa-Bay-Times-Buying-of-Tribune-Latest-in-Grim-News-Landscape-378383041.html

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