Chicago Sun-Times owner now largest shareholder of Chicago Tribune Publishing
Newswise — EVANSTON, Ill. --- Owen Youngman, a journalism professor at Northwestern University who spent more than three decades at the Chicago Tribune, is available to comment on the significance of Michael Ferro’s firm buying a $44 million stake in Tribune Publishing.
Ferro, the majority owner of the Chicago Sun-Times, is now the largest shareholder of Tribune Publishing, the parent company of the Chicago Tribune.
Youngman is the Knight Chair in Digital Media Strategy at Northwestern’s Medill School of Journalism, Media, Integrated Marketing Communications. He can be reached at 847-467-6759 or [email protected].
“This is not about when and whether Chicago will be a one-print-newspaper town,” said Youngman, who teaches courses on the changing cultural and media landscape. “This is about whether and how journalists in Chicago and Los Angeles will deliver what their communities need."Youngman was appointed to the endowed Knight Chair in 2009 after a 37-year career at the Chicago Tribune that focused on new product development, innovation and interactive media.
As the Tribune’s first director of interactive media, he created such Web sites as chicagotribune.com and metromix.com. He directed the 2002 development and launch of RedEye, the Tribune’s successful daily for young urban commuters, and, in nine years as a vice president and senior vice president, oversaw strategy and development.
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