Feder: 'Local stays local' at Daily Herald, Chicago Reader

Updated 9/14/2018 6:44 AM

"Local stays local," tweeted WGN news anchor Ben Bradley, minutes after my story broke Thursday about the sale of Paddock Publications, owner of the Daily Herald, Robert Feder writes. In converting the company fully to an Employee Stock Ownership Plan, the fourth-generation descendants of founder Hosea C. Paddock assured that the newspaper would remain under local control for the foreseeable future. The same could be said of the day's other big media news -- the appointment of Windy City Times founder Tracy Baim as publisher of the Chicago Reader under the new ownership of a local investment group. Get the full report and more Chicago media news at robertfeder.com.

Article Comments ()
Guidelines: Keep it civil and on topic; no profanity, vulgarity, slurs or personal attacks. People who harass others or joke about tragedies will be blocked. If a comment violates these standards or our terms of service, click the X in the upper right corner of the comment box. To find our more, read our FAQ.