Gannett has abandoned its bid to buy Tronc after the company was unable to secure outside financing for the purchase. The decision was made after Gannett’s quarterly earnings were announced, which showed “print advertising plummeting” and “raised concerns that the newspaper industry might be facing steeper challenges than previously thought.”
The New York Times’s Radhika Jones has been named editorial director of the books section. Pamela Paul, the recently-appointed editor of the Times Book Review said that Jones “is not only a highly skilled editor and writer—she is a true book person.”
Tonight at Albertine, Jelani Cobb, Pap Ndiaye, Benjamin Stora, and Ta-Nehisi Coates open the Albertine Festival by asking: “When Will France Have its Barack Obama?”