Top LATimes Shareholder Michael Ferro Pays Himself $15M After Slashing Staff Before Christmas
Top LATimes Shareholder Michael Ferro Pays Himself $15M After Slashing Staff Before Christmas
Chicago tech billionaire Michael Ferro, the largest shareholder of Tronc (owners of the Los Angeles Times, Chicago Tribune and, most recently, the New York Daily News) has entered into an agreement with Tribune Publishing Co. to receive a payout of $5M in the first quarter 2018, 2019 and 2020 as a
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