Tronc is Expected to Begin Cuts to Save New York Daily News

New York Post: Tronc, the new owner of Mort Zuckerman ’s beleaguered New York Daily News, has said it expects to turn the money-bleeding tabloid into a money maker by 2018 — even as its loss this year could reach $50 million. More cuts are likely as Tronc tries to keep its profit levels secure.