BREITBART: Reports from Tribune insiders were confirmed Sunday by Paul Colford, director of media relations for AP. “We’re disappointed by this development but recognize this is a time of transition for these seven Tribune newspapers,” Colford said. “We hope they’ll return to AP as their circumstances change. AP continues to diversify its business to enhance the value of our newsgathering for our 1,400 member newspapers and other news organizations worldwide. The Los Angeles Times has indicated that it plans to stay with AP. The Times has been a great partner in innovation and developing new AP services for many years.”
This news is unsurprising as the Tribune had already started to scale back use of the AP. As far back as 2008 the Trib began using Reuters’ American wire content.
Long-time Chicago media watcher Robert Feder says that switching to Reuters could save the Tribune as much as $5 million a year… (more)
EDITOR: Day by day, we see journalism evolving. The AP will need to come up with a business model affordable to Internet news sites. When NewsLanc approached them two years ago, there did not seem to be any appropriate program.
