First Amendment Celebration, News
Newspapers are vanishing, leaving democracy at risk
Newspapers are dying. Young people aren’t reading them. Predatory hedge funds are buying them up, laying off reporters, milking.
Newspapers are dying. Young people aren’t reading them. Predatory hedge funds are buying them up, laying off reporters, milking.
When Alden Global Capital bought Tribune Publishing in May 2021 and slashed Chicago Tribune newsroom staff to bare bones,.
“The model is simple,” declared The Atlantic in its cover story for the November 2021 issue. “Gut the staff,.
In its voracious drive to apparently consume as many U.S. newspapers as possible, the so-called vulture capitalist Alden Global.
In 2018, hedge funds had been scarfing up newspapers right and left for more than a decade. But outside.