Robservations on the media beat:
#MeToo, Michael? Now we know the real reason Michael Ferro retired Monday as chairman of tronc, parent company of the Chicago Tribune. Hours after his announcement, Fortune published allegations by two female entrepreneurs that Ferro had made inappropriate sexual advances toward them. (Here is the link.) Fortune also quoted former Sun-Times staffers who recalled Ferro making “sexual comments about women’s clothing and appearance” during the time he owned the paper. For a man who had done so much to undermine two Chicago news organizations (including the elimination of more than 1,125 newspaper jobs companywide in the last two years), it seemed fitting that Ferro would be brought down by the power of journalism. Continue reading