Posts Tagged ‘Philadelphia Media Network’
Brian Tierney’s New Journalism Venture

Brian Tierney’s New Journalism Venture

BREAKING: Journalism, as an industry, is suffering. Especially print. And especially those outlets that don’t mask funny cat mashups as journalism. And Poynter, the nonprofit school and institute for journalism in Florida, knows it. That’s why they’ve recently announced the creation of the Poynter Foundation, a new avenue for the nonprofit to create a “culture...

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DAILY GRINDER: Priest Abuse Case Gets Sicker

Priest abuse cases are always bad. Sure. But there’s something about the Philadelphia case, specifically, that sort of makes me throw up a little, each time I read about it. Maybe it’s the detailed, alleged maniacal perversion of the individual, uncharged priests who will never see the inside of a jail cell or that Cardinal Lynn apparently let it all happen....

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PMN to be Sold for $55 Million; Remember how much it was worth in 2006?

Philly.com is confirming this morning that a group of investors will buy the Philadelphia Media Network for $55 million, with “an additional $10 million in working capital for operations.” The group buying the papers and website are led by businessman Lewis Katz, 70, and Democratic leader George W. Norcross III, 56. Others in the group include philanthropist...

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DAILY GRINDER: Philadelphia Media Network May be Sold Today, Amidst new NJ Cronyism Allegations

The Philadelphia Media Network could be sold as soon as today. The alleged group set to make the purchase includes George E. Norcross III, a South Jersey “Democratic powerbroker,” Lewis Katz, Ed Snider and H.F. Lenfest. Estimated asking price: $60 million. And here’s something: A new report from the New Jersey State Comptroller notes the Delaware River...

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DAILY GRINDER: Rep. Metcalfe Tells Bob Brady to Stop Endorsing Fraud

It’s on: State Rep. Daryl Metcalfe put an open letter to Congressman Bob Brady on his website yesterday, telling the Philly Democratic boss to “stop endorsing voter fraud and corruption,” in regards to the recently-signed Voter ID bill. Brady has put out a statement against the bill, which Metcalfe, who sponsored it, says is necessary because ACORN...

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DAILY GRINDER: Santorum Almost Pulls Super Tuesday Upset

DAILY GRINDER: Santorum Almost Pulls Super Tuesday Upset

So, last night was Super Tuesday (night). And likely probable eventual Republican nominee Mitt Romney won Virginia, Massachusetts, Idaho, Vermont and Ohio. But he almost lost Ohio. Rick Santorum won Tennessee, Oklahoma and North Dakota. He sent out a campaign email, asking for more money (which means he’s staying in) and calling his victories “stunning.”...

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DAILY GRINDER: Rendell Says Papers, Owners to be Separated by ‘Firewall’

Buzz Bissinger hosted Michael Smerconish’s radio show yesterday and featured Ed Rendell to talk about the potential purchase of the Philadelphia Media Network. Rendell said he doesn’t personally have any money to invest in the company and that if he and others owned the PMN, the newsroom would be a “firewall” between reporters and people like himself...

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DAILY GRINDER: Liquor ‘Privatization’ becomes ‘Modernization’

Just as everyone suspected, the state General Assembly is slowly backing off any attempts to privatize the state’s alcohol system in favor of what they’re all calling “modernization.” Which essentially means, “doing our job…better.” Sort of like the (fingers crossed) City Council bill that’d force the Philadelphia Parking Authority to do the...

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DAILY GRINDER: $1.9 Million in State Budget to Honor Standup Comedian

After making the Philadelphia University “Arlen Specter Library” earmark a sticking point of his campaign against Pennsylvania Democratic uber spending and corruption in 2010, Gov. Tom Corbett recently signed off on $1.9 million for the very same library, claiming he had no choice! That building at PU will hold some of former Senator Specter’s papers...

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DAILY GRINDER: Gov. Ed Rendell ‘Believer’ in Newspapers’ Ability to Profit

Former Governor Ed Rendell is leading a so-called “civic-minded” effort to buy the Philadelphia Inquirer and Daily News, after news reports surfaced last week saying two hedge funds with major stakes in the Philly Media Network want to sell. “They’re as big a believer as I am that the Philadelphia Media Network can turn a profit, but that’s...

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