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Michael GoreyMichael Gorey

Random thoughts and observations by former regional newspaper editor Michae...

 


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As the storied alt-weekly prepared to end its print edition, some alums gathered. They hugged, they cried, they groused.

If the publisher buys The Daily Express, The Daily Star and the celebrity magazine OK!, the move would signal the exit of Richard Desmond from the news media industry.

A deal to buy a rival group would shake up Britain’s fiercely competitive newspaper market and bring together outlets on opposite ends of the political spectrum.

The paper’s owner, Mortimer Zuckerman, is selling it to Tronc, the publisher of The Los Angeles Times and The Chicago Tribune.

The government says The Daily owes a tax bill of $6.3 million and must pay up or “pack up and go.” Its last print issue will be published on Monday.

Mr. Silverman’s grandfather started the show-business bible, known for its headlines and for coining slang expressions, in 1905. He took over in 1957.

The cuts are a manifestation of tensions that some staff members said have roiled the newsroom for the last few months.