Results 1 - 10 of about 161: 
Joe Pompeo / Vanity Fair:
Tribune Publishing employees, amid buyouts, are still seeking to avoid further decimation of journalism now that Alden Global Capital owns 32% of the company   —  In its mission to squeeze the last profits out of newspapers, Alden Global Capital has eliminated the jobs of scores of reporters and editors …
Feb 5, 2020, 9:55 PM - In context

Marc Tracy / New York Times:
From appeals for investment from wealthy people to union organizing, newspaper journalists are trying to save jobs as investors wring profits from the industry   —  As hedge funds take a greater role in newspaper chains, journalists at the Chicago Tribune and elsewhere are sending out an S.O.S.
Jan 27, 2020, 10:50 AM - In context

Ken Doctor / Nieman Lab:
Sources: Alden Global Capital, which now owns 32% of Tribune Publishing, is exerting its power, with Alden execs advising on cost cutting, including headcount   —  Missiles and drone strikes may have temporarily driven everyone's eyes elsewhere — including those in the news industry …
Jan 16, 2020, 4:00 AM - In context

Marc Tracy / New York Times:
Gannett and New Media Investment Group's merger became official Tuesday, with executives hoping “efficiencies” will save about $300M/year   —  The deal to create the largest newspaper company in the nation — which became official at 4:10 p.m. on Tuesday — came about with remarkable speed …
Nov 19, 2019, 6:10 PM - In context

Ken Doctor / Nieman Lab:
Newspaper Consolidation Games: expect a formal deal closing for Gannett on Nov. 19, then big cuts; sources say McClatchy and Tribune are talking merger again   —  What was once expected to be $200 million in annual cost savings has now grown to $400 million or more.  But how much blood is left to be drawn from this stone?
Nov 14, 2019, 2:05 PM - In context

Christine Schmidt / Nieman Lab:
Google News Initiative announces 34 winners of its North American Innovation Challenge, with grants ranging from ~$32K to $300K in this $5.8M round   —  On the same day that Facebook's tab will start paying (some) publishers for their content, Google has announced its grantees …
Oct 25, 2019, 4:50 PM - In context

Joe Nocera / Bloomberg:
Commitment to quality reporting and staff weren't enough to stop the decline of Pennsylvania's Reading Eagle, which couldn't make up for print ad revenue losses   —  A wealthy owner opted for quality and commitment at the Reading Eagle.  It didn't work.  —  SHARE THIS ARTICLE  —  Share  —  Tweet
Oct 14, 2019, 4:20 AM - In context

Julie Reynolds / The Intercept:
Alden Global Capital's Digital First Media, which has sold off newspaper real estate and centralized print design, is outsourcing news design to the Philippines   —  Investigative journalist Thomas Peele remembers the day he learned that he and fellow reporters at the East Bay Times …
Oct 11, 2019, 6:55 PM - In context

Ken Doctor / Nieman Lab:
The Gannett-GateHouse merger may close around Thanksgiving, and over 10% of the workforce will likely be cut, with business-side jobs bearing the brunt of cuts   —  The megamerger is really happening.  Expect the new Gannett — the brand that will survive that chain's acquisition by GateHouse Media …
Oct 9, 2019, 6:25 PM - In context

James Fallows / The Atlantic:
A look at the new Provincetown Independent in Massachusetts, an example of potential success for newspapers without the massive profits private equity expects   —  Everyone knows that local newspapers are in trouble.  That's why Deb Fallows and I have been chronicling examples of smaller papers …
Sep 22, 2019, 8:00 PM - In context

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