How Do You Make a Small Fortune in the Newspaper Business?

Posted Friday, November 21, 2014 10:51 am

By: Jeff Ward | The First Ward

You start with a large one!

According to an SEC filing, when Tribune Publishing picked up those 38 Sun-Times suburban properties late last month, they paid $23.5 million for the privilege. Meanwhile, back in 2000, the Sun-Times paid Copley Newspapers $120 million just for the Beacon-News, Courier-News, Naperville News-Sun, and the Joliet Herald-News.

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How Do You Make a Small Fortune in the Newspaper Business?

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