American Newspaper Groups

After spending three days with Joey Wong in Miami, Aaron went to New York, while she returned home to celebrate the Spring Festival.

Meanwhile, the Chicago Tribune Media Group acquired the Los Angeles Times-Mirror Group for a total price of 8.3 billion US dollars, including all debts;

In one stroke, it brought the Los Angeles Times, The Sun, San Diego Union-Tribune, and a series of other newspapers and publications under its banner. It also set the largest newspaper acquisition record in world publishing history. Forum Company consequently doubled in size and became the second-largest newspaper group in the United States, behind only Gannett Publishing Group!

The current newspaper group rankings were Gannett Company, Forum Company, Knight Ridder, Dow Jones & Company, The New York Times Company, The Washington Post Company, and so on;

Further down were Hearst Corporation, News Corporation, and others, which also owned several newspapers with respectable circulation, though newspapers were not their core business overall.

In Manhattan, at the Dawn Building, Aaron sat in his office and could not help sighing. "The Chandler family really got lucky. They sold at the peak while Forum Company had money!"

Last year, Forum Company had cashed out its America Online shares and was sitting on a mountain of cash, using the same strategy Dawn had employed in its acquisition of CBS;

Besides, with the development of the internet, the decline of print media was inevitable, just like the blow online music dealt to physical records.

Before long, Christiana Yeri arrived at Aaron's office. "Men in Black 2 held its production launch press conference. Is it officially starting filming?"

"Mm-hmm, naturally. It's been in preparation for a long time, and both Will Smith and Barry Sonnenfeld have openings in their schedules," Aaron said with a shrug.

"That's true. Last year's Rush