|Weekly News Digest
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'Recent Ownership Changes of Three Influential News Publications Pose Interesting Questions for Librarians and Researchers' by Marydee Ojala
Marydee Ojala writes the following for Information Today Europe’s ILI365 site:
Berlin, Germany-based Axel Springer will acquire POLITICO, including the remaining 50 percent share of its current joint venture POLITICO Europe, as well as the tech news website Protocol from Robert Allbritton. …
Nexstar Media Inc., a wholly-owned subsidiary of Nexstar Media Group, Inc. announced the acquisition of The Hill for $130 million on 20 August 2021. Nexstar Media, based in Irving, Texas, operates 199 cable news television stations that reach 116 U.S. markets through local affiliates of all the major U.S. TV networks in its Broadcasting Division. …
On 26 August 2021, the venerable business publishing company Forbes Global Media Holdings Inc. announced that it would transition to a publicly-traded company through a merger with Hong Kong-[based] special purpose acquisition company (SPAC) Magnum Opus Acquisition Ltd. …
Digital disruption of news information is nothing new to librarians or to researchers. But these three ownership changes, all announced within a few days of each other, throws the research of news events into stark relief. …
[For example,] POLITICO and The Hill are largely not included in most subscription databases that aggregate news, although Factiva does list The Hill as a source and Politico (Online) is in Eureka and Europresse. Researchers who rely on those databases will miss news stories that could provide historical context unless librarians direct them to the actual platforms.
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