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Fly on the Wall 1575



Neverending Lawler

Anticipating the opening of Avengers: Endgame last week, Memphis wrestling icon/comic book fan Jerry Lawler tweeted a picture of himself wearing Thanos' Infinity Gauntlet.

Now, with the snap of his fingers, Lawler can pile-drive half the comedians in universe. That's a super gimmick.


Neverending Gannett

Gannett Co., owner of The Commercial Appeal, may have scored a victory in its fight to fend off a takeover by MNG, the hedge fund-owned media ownership group run by Alden Global Capital.

MNG, a minority Gannett stakeholder, recalled three of the six board members the company ran for election to the Gannett board of directors. An article in the Gannett-owned USA Today said MNG's move means it could not control Gannett's eight-member board, "even if its candidates are elected."

Tech and media analyst Chuck DelGrande said in the story the "smart money would conclude" that Gannett has prevailed in its effort to resist the takeover attempt. Companies like MNG have inspired changes in the industry like the consolidation of business operations, regional hubs for editing and layout, selling off physical assets like presses and real estate, and more.

Gannett shareholders, who may yet be tempted by MNG's history of cutting its way to double-digit profits, will vote on new board members May 16th.



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