How Many More Journalistic Institutions Can Michael Ferro Imperil
What exactly does Michael Ferro want out of the news industry? It’s a fair question for the man who controls the country’s third-largest newspaper publishing company, including the vast majority of publications covering the Chicago area. During his turbulent five years at Wrapports, Ferro approved the creation of Grid, an ambitious business publication that was unfortunately compromised by puff pieces about Ferro’s friends. Ferro’s strained relationship with the Sun-Times reached its nadir in 2014, when the paper’s highly respected Springfield bureau chief, Dave McKinney, resigned after management threatened to reassign him because a story he wrote stuck in the craw of then-gubernatorial candidate Bruce Rauner, Ferro’s pal and a former Wrapports investor....