Results 1 - 10 of about 143: 
Ken Doctor / Nieman Lab:
Both newspaper chains and digital media face a liquidity crisis as M&A talks continue; Bustle's Bryan Goldberg compares media to Florida real estate in 2010   —  Newspaper company CEOs will be the first to tell you a new round of consolidation won't solve their problems.
Apr 18, 2019, 3:10 PM - In context

Jonathan O'Connell / Washington Post:
Alden Global Capital, the hedge fund trying to take over Gannett, is facing a federal probe after moving employee pension savings into its own accounts   —  Alden Global Capital, a prominent hedge fund that controls more than 100 local newspapers, moved nearly $250 million of employee pension savings …
Apr 17, 2019, 1:25 PM - In context

Tom Jones / Poynter:
A look back at The Rocky Mountain News, the Pulitzer-winning paper that closed 10 years ago, and how Denver fell from having 500+ journalists to fewer than 80   —  Early in 2008, John Temple was excited about the 150th anniversary of his newspaper.  The publisher, president and editor …
Mar 1, 2019, 4:20 PM - In context

Ken Doctor / Nieman Lab:
A look at potential newspaper merger scenarios as sources say Gannett hired Goldman Sachs as advisers and as Gannett faces a new fight for board seats   —  Alden's offer to buy Gannett looks less and less credible.  But can Tribune and Gannett suss out the merger that might be necessary to stop it?
Feb 12, 2019, 6:40 PM - In context

How Alden Global Capital, the hedge fund behind Digital First Media, has used a real estate subsidiary to get profits out of newspaper companies like Gannett   —  When the building housing the downtown Memphis Commercial Appeal newspaper sold last April, the name of the buyer — Twenty Lake Holdings LLC — seemed of little consequence.
Feb 12, 2019, 5:05 PM - In context

Jaclyn Peiser / New York Times:
Blockchain-based media startup Civil funds an effort by five former Denver Post reporters and three editors to launch The Colorado Sun by the end of 2018   —  They left The Denver Post amid newsroom layoffs and interference in the editorial process by the newspaper's hedge-fund owners.
Jun 17, 2018, 11:50 AM - In context

Ken Doctor / Nieman Lab:
In 2017, Digital First Media recorded a 17% operating margin and nearly $160M in profit, meaning parent company Alden Global may be reluctant to sell it   —  Digital First Media's financials — revealed here — show how the company has ridden its deep cuts to nearly $160 million in profits and the highest margins in the business.
May 1, 2018, 12:55 PM - In context

Sydney Ember / New York Times:
Journalists at The Denver Post publish several online articles, which will also run in its Sunday opinion section, publicly rebuking owner Alden Global Capital   —  The Denver Post is in open revolt against its owner.  —  Angry and frustrated journalists at the 125-year-old newspaper took …
Apr 7, 2018, 11:50 PM - In context

Corey Hutchins / Columbia Journalism Review:
Q&A: Julie Reynolds, formerly at a Digital First Media owned paper, on covering DFM's owner Alden Capital and the NewsGuild labor union's #NewsMatters project   —  FOR TWO YEARS, JULIE REYNOLDS has cranked out stories about Alden Global Capital, the secretive New York hedge fund …
Apr 1, 2018, 2:05 PM - In context

Joe Nocera / Bloomberg:
Heath Freeman, the 37-year-old president of Alden Global Capital, the firm which recently purchased the Boston Herald, is the Gordon Gekko of newspapers   —  The reality is even worse: This raider sinks decimated newsrooms' revenue into bad investments.  —  Heath Freeman, the 37-year-old …
Mar 27, 2018, 11:10 AM - In context

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