They also traded sales positions. When Billy Joel sand “New York State of Mind” he mentions the New York Times and the Daily News, as they were forefront then. Before the big newspaper strike it was hard to even GET the NY post in Connecticut past New Haven. No more.
I know some people in the NYC journalism world and they were shocked and dismayed to hear this news, especially that the buyer is Tronc. They expect mass layoffs at the News. As an influential force in the city it is likely finished.