Jonathan O'Connell
America’s two largest newspaper chains are joining forces. Will it save either?
America’s two largest newspaper publishers will merge in an effort to combat declining circulation and plunging advertising revenue, but will still face pressure to cut costs at hundreds of already cash-strapped publications around the country. The $1.4 billion purchase of McLean (VA)-based Gannett by GateHouse Media, based in Pittsford (NY), will create a conglomerate that will own more than 250 daily newspapers and hundreds of weekly and community papers.
President Trump tech adviser Reed Cordish is leaving the White House
A senior Trump administration adviser on government-to-government and technology initiatives is stepping down, the latest of more than a dozen top officials to depart the White House in little more than a year. Reed S. Cordish is leaving his post as assistant to the president in the Office of American Innovation, where he is being replaced by Brooke L. Rollins.