“Demand has gone down for printed newspapers, but the supply chain for providing newspapers in a printed format is collapsing faster than the natural interest in a printed newspaper.”
Andrew Donohue, Voice of San DiegoNovember 6, 2023
Under new owner Alden Global Capital, there’s no plan for the future. There’s just revenue extraction for as long as a generation of older newspaper subscribers live to keep paying their bills.
As smaller newspapers shrink or disappear, it’s easy to romanticize the role they played. But one reporter’s memories of the heyday of local journalism reveal a much more complicated reality.
One Redditor: “I actually enjoy reading my local newspaper when it’s on the Kindle as opposed to the paper’s poorly designed website and frequently broken app.”
Gregory P. Perreault and Volha KananovichOctober 4, 2022
For local newspapers, print circulation has collapsed for every audience except retirees. That’s why the daily paper in The Villages, Florida (metro population 129,752) prints as many copies as the one in Atlanta (metro population 6,930,423).
This time it’s Lee Enterprises in the cross-hairs. Adding it to its empire would leave two American local newspaper giants — Gannett and Alden — and everyone else far behind.
Benton, Joshua. "The vulture is hungry again: Alden Global Capital wants to buy a few hundred more newspapers." Nieman Journalism Lab. Nieman Foundation for Journalism at Harvard, 22 Nov. 2021. Web. 12 Sep. 2024.
APA
Benton, J. (2021, Nov. 22). The vulture is hungry again: Alden Global Capital wants to buy a few hundred more newspapers. Nieman Journalism Lab. Retrieved September 12, 2024, from https://www.niemanlab.org/2021/11/the-vulture-is-hungry-again-alden-global-capital-wants-to-buy-a-few-hundred-more-newspapers/
Chicago
Benton, Joshua. "The vulture is hungry again: Alden Global Capital wants to buy a few hundred more newspapers." Nieman Journalism Lab. Last modified November 22, 2021. Accessed September 12, 2024. https://www.niemanlab.org/2021/11/the-vulture-is-hungry-again-alden-global-capital-wants-to-buy-a-few-hundred-more-newspapers/.
Wikipedia
{{cite web
| url = https://www.niemanlab.org/2021/11/the-vulture-is-hungry-again-alden-global-capital-wants-to-buy-a-few-hundred-more-newspapers/
| title = The vulture is hungry again: Alden Global Capital wants to buy a few hundred more newspapers
| last = Benton
| first = Joshua
| work = [[Nieman Journalism Lab]]
| date = 22 November 2021
| accessdate = 12 September 2024
| ref = {{harvid|Benton|2021}}
}}