Doug Manchester Interested In SDUT Purchase: VOSD Report
UPDATE: Credit Where Due Dept: Don Bauder of the San Diego Reader discussed the rumor that Manchester was buying the U-T in a Sept. 29 blog post. Bauder properly called it a “strictly a rumor”, but one worth reporting.
I think that was the proper way to handle it. The rumor was widely given credence by local insiders, and journalists should let the public know what the insiders are saying to each other. (Ex-UTer Dave Ogul tweeted last week that Manchester was in escrow to buy the U-T. UPDATE – Ogul also took care to call it a rumor).
Today, Bauder wrote about the Voice of San Diego story that quoted Manchester as considering whether to purchase the U-T. Bauder also got in a little dig at one of his critics:
After the Reader report, Rachel Laing, flack for Mayor Sanders, sent out a tweet saying, “That post was an absolute travesty of journalism!”
Tweet in haste, repent at leisure.
Hotelier Doug Manchester confirmed he’s interested in buying the San Diego Union-Tribune, according to the Voice of San Diego. His interest had been rumored for some time.
Downtown hotelier Doug Manchester confirmed this morning that he’s considering a purchase of the San Diego Union-Tribune, the local newspaper currently owned by Platinum Equity, a Beverly Hills private equity firm.
“There’s lots of people interested in that asset,” Manchester said. “There has not been anything completed. We’re looking at it. It’s a very complicated transaction if it were ever to come to fruition.”