[Most read] Matt Eberflus shares his plan for leading a winning Chicago Bears team — instilling high intensity and accountability and building a motivated coaching staffThe newspaper and radio station will operate as separate newsrooms with their own editors, but will share content and resources across multiple platforms. The combined entities will have nearly 300 employees, with no plans for staff reductions after the merger, Chicago Public Media spokeswoman Betsy Berger said Monday.
Michael Sacks, chairman and CEO of Chicago-based asset management firm GCM Grosvenor and a Sun-Times investor, helped secure the agreement to transfer the newspaper’s assets and committed “significant future financial support,” according to Chicago Public Media. “I am proud to have played a part in securing the future of the Chicago Sun-Times and honoring its great legacy,” Sacks said in the news release.Founded in 1948 by Marshall Field III, the Sun-Times has had a succession of owners, including media baron Rupert Murdoch, who bought it in 1984. Murdoch was forced to sell the Sun-Times in 1986 after acquiring WFLD-Ch. 32 because of Federal Communications Commission cross-ownership restrictions.
I’m glad, it’s a win local news in Chicago.
Old man Potter couldn’t take over The Bailey Building and Loan.
Washing money
Fishy