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Dallas Morning News shareholders approve sale of newspaper to Hearst

Teresa Gubbins
Sep 23, 2025 | 11:56 am
stack of newspapers

Newspapers

Photo courtesy of VishwaGujarat.com

After a back-and-forth tussle, DallasNews Corporation shareholders approved a merger with Hearst. According to a release, DallasNews Corporation, the holding company of The Dallas Morning News and Medium Giant, announced that shareholders approved the company’s pending merger with Hearst at a special shareholders meeting on September 23.

Subject to the completion of the closing, The Dallas Morning News and Medium Giant will now join Hearst, which owns newspapers including the Houston Chronicle and the Austin-American Statesman.

DallasNews shareholders will receive an all cash consideration of $16.50 per share of DallasNews common stock, and DallasNews will cease to trade as a public company.

Hearst won out over MNG Enterprises, Inc., an affiliate of Alden Global Capital, a New York investment firm that is into buying up newspapers, and which made repeat efforts to purchase DallasNews Corporation, raising their price to $20 per share.

Alden owns more than 200 newspapers including the Chicago Tribune, the Baltimore Sun, the New York Daily News, and the Denver Post, but has shrunk newsrooms with cutbacks and buyouts.

“We would like to thank DallasNews shareholders for voting to approve this important and value creating merger with Hearst, and for securing the future of DallasNews,” said John A. Beckert, Chairman of the Board, DallasNews. “We are proud to have delivered this compelling and certain premium for shareholders, and are confident that The Dallas Morning News and Medium Giant have a bright future ahead as members of the Hearst family.”

“With the agreement now approved, we’re excited to work with our new colleagues at The Dallas Morning News and Medium Giant,” said Jeff Johnson, President of Hearst Newspapers. “Bringing these respected organizations into Hearst fully aligns with our commitment to strengthening trusted, high-impact local media in growing markets, and we look forward to building the future together.”

The transaction is expected to close on or about September 24, 2025.

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Movie Review

'Tony' offers a revealing look at Anthony Bourdain before fame

Alex Bentley
Aug 20, 2026 | 10:28 am
Antonio Banderas and Dominic Sessa in Tony
Photo courtesy of A24
Antonio Banderas and Dominic Sessa in Tony.

The reason that most biopics fail is because they try to do too much, telling a “cradle-to-grave” story or one taking place over a long period of time that only scratches the surface of understanding the full measure of a particular person. A better approach is the one taken in the new film Tony, which uses a formative period of time in the life of Anthony Bourdain to identify a larger truth about him.

The film finds Tony (Dominic Sessa), as he liked to be known at the time, in his early college years, trying to BS his way through life. He tells lies to professors, his parents (Dagmara Dominczyk and Rich Sommer), his old classmate Nancy (Emilia Jones), and even himself in an attempt to skate by without actually doing anything.

When one con falls through, he follows Nancy to Provincetown, Massachusetts to try to find her. A series of events result in him getting drunk in a restaurant owned by a chef (Antonio Banderas), who takes him in. Tony starts working as a dishwasher and hanging out with Sal (Leo Woodall), who barely has his own act together. With no other options, he spends his summer on Cape Cod, hoping something will happen to change his lot in life.

Written and directed by Matt Johnson (Blackberry) and co-written by three others, the film gives barely a hint of the man who would go on to become a celebrity chef and acclaimed author. It does indicate that his brashness was always there, but this Tony is aimless and too often rash in his decision-making. His biggest success in the film only comes when he finally recognizes that lying has brought him nothing but misery, and that telling the truth, even if it’s painful, sets him free.

The restaurant at which Tony works, the now-defunct The Flagship, is the heartbeat of the film, containing a motley crew of people who bond over slinging mostly mediocre seafood. Johnson evolves Tony’s relationship with the chef (who’s never given a proper name) into a strong one as Tony spends each night in a hammock on the chef’s porch, only to be woken up each morning with a pot of water thrown in his face.

Tony continues to pursue Nancy for most of the film, and even though their relationship is not fruitful in terms of storytelling, it serves to enforce the mindset of the young man. Nancy only exists as an object of desire for Tony, with just the barest touch of an interior life of her own. While the intent of including a romantic interest for Tony makes sense in a way, it ultimately is the weakest part of the film.

Sessa, who made a bold film debut in 2023’s The Holdovers, has turned into one of the industry’s bright young stars. He embodies the moodiness of Bourdain, stalking around the town with a scowl and lanky walk that tells the audience everything they need to know about the character. Banderas and Woodall (Tuner) bring different types of great energy, and while Jones’ part is not great, she proves that - following CODA - she’s going to be around for a long time, as well.

Fans of Bourdain may lament that Tony doesn’t show anything from the years in which he became famous, but the small and personal film makes a great case that the period it depicts is equally significant to his life. It demonstrates that Tony’s summer on Cape Cod gave him some direction, a reason for being that allowed him to become who he eventually became.

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Tony opens in theaters on August 21.

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