Ownership Situation at Inquirer Still Plenty Dramatic

Gerry Lenfest says Brian Tierney “not acting as de facto” publisher.

Well, the sale of the Inquirer, Daily News, and Philly.com to Gerry Lenfest — completed about a week ago now — hasn’t ended the drama at Philly’s biggest daily newspapers.

The Philadelphia Business Journal rounds up the latest, including an interview with Lenfest himself:

• Lenfest said that former owner/publisher Brian Tierney, brought on as a part-time advertising consultant, would not be considered for the position of permanent publisher of the Inquirer. (Lenfest holds the title on an interim basis.)

Reports suggested that Tierney was already causing upheaval in the papers’ advertising department, but Lenfest told PBJ: “We just asked him to come and help out with advertising because he had more success with it than we’ve had the last three years. But he’s not full time. He has his own company to run.”

• Lenfest said Drew Katz, the son of his late business partner Lew Katz, still hadn’t settled a sale of his shares in the newspaper company — inheried from his father — back to Lenfest, as Drew Katz announced last week he would do. Lenfest would not comment further.

• Confirmed that the newspaper guild — which represents the journalists at the paper — wants Drew Katz to hold onto his shares and participate in management.

Just another week at the papers.  (Philadelphia Business Journal)

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  • Tenny

    The “drama never dies” headline in your email is in very poor taste.

  • Stigall CBS Radio Philadelphia

    An informant has told Chris Stigall, Drew Katz’s dad Mr. Katz, paid an unknown shill, fishcakes, who resembles Michael Smerconish, to take the bar exam for his son, using his son’s Cherry Hill Township identity. Stigall, who is of the Christian faith, also has determined Lewis Katz has surrounded many manipulative advisors around his son since he attended Cherry Hill East High School, to make it appear he is a bright, pseudo intellectual who can carry on his father’s legacy of very shrewd business practices.

    • Kal PAYOLA KING Rudman

      Just check Stigall’s latest Arbitron ratings…….The man is desperate!!!!!!!!!!!!!!!!!!!!

      • PGN

        Rudman, get in bed with Merv Griffin

  • Tierney LOVES UD

    Tierney LOVES UD so much, according to Chitwood, he shops for young women in Dollar General, Garrett Road store, across from UD pubic library