Nieman Foundation at Harvard
HOME
          
LATEST STORY
Can Facebook beat back the fake news in Ireland’s upcoming vote on abortion?
ABOUT                    SUBSCRIBE

Articles tagged Alden Global Capital (27)

This is a golden age of American protest. It’s time to stand up and fight the vulture owners hollowing out local news.
Even without the L.A. Times, it still controls a lot of important newspapers. Will it sell them to Gannett, Murdoch, local individuals in each city — or to yet another private equity firm looking to strip papers for parts?
Plus: Digital First’s owner gets sued for alleged bad behavior, The Athletic looks to get huge, and Advance newspapers start poking at paywalls.
From “meltdown” to “roll-up” to (of course) “fake.”
A step back to look at the news lessons of this summer.
Newspapers were, for decades, a prime example of a community institution, meant to last through the centuries. A new generation of owners is thinking of them more as something to milk for profit on their way down.
At Digital First Media, America’s second-largest newspaper chain, it’s hard to discern a larger plan — beyond painful cutbacks to boost profits.
Bidders are preparing their final bids for a hodgepodge collection of small and large newspapers from coast to coast. Will another company — or private equity — swoop them all up as one?
Will America’s third-largest newspaper group sell as a single unit or a collection of smaller clusters? And what would lead someone to buy newspapers in 2014, anyway?
More than 200 newspapers are up for sale — as one group, in clusters, or one by one. Where they go could have a big impact on how the industry will look in the coming years.