Quantcast
Home » News
Home » News

Letter: Recent move by Trib owners should have readers worried

Published April 10, 2014 1:01 am
This is an archived article that was published on sltrib.com in 2014, and information in the article may be outdated. It is provided only for personal research purposes and may not be reprinted.

Re "Tribune braces for more cuts as owner shutters digital initiative" (Tribune, April 3):

Tribune editors may have their reasons, but the important information was buried at the end of the story.

To wit: The LDS Church-owned Deseret News recently paid new Tribune owner, hedge fund Alden Global Capital, millions to renegotiate the revenue-sharing agreement between the two newspapers, giving the Deseret News 70 percent of profits and nearly halving the Tribune's share from 58 percent to 30 percent.



The Tribune cannot long remain a viable news-gathering organization under this lopsided and unfair arrangement (unfair because the Tribune's profits will go to the Deseret News).

This ethically challenged maneuver by the Deseret News may be an effort by the LDS Church to drive the Tribune out of business, thus further monopolizing (think Deseret News, KSL-TV, KSL radio and KBYU-TV) the dissemination of news and opinion in Salt Lake City and Utah.

Tribune readers who cherish its independent voice should be worried.

Allan W. Smart

Salt Lake City

 

 

 

USER COMMENTS
Reader comments on sltrib.com are the opinions of the writer, not The Salt Lake Tribune. We will delete comments containing obscenities, personal attacks and inappropriate or offensive remarks. Flagrant or repeat violators will be banned. If you see an objectionable comment, please alert us by clicking the arrow on the upper right side of the comment and selecting "Flag comment as inappropriate". If you've recently registered with Disqus or aren't seeing your comments immediately, you may need to verify your email address. To do so, visit disqus.com/account.
See more about comments here.
comments powered by Disqus