Vulture hedge fund can’t stop Chicago’s media ecosystem from thriving
When Alden Global Capital bought Tribune Publishing in May 2021 and slashed Chicago Tribune newsroom staff to bare bones, few……
Tag: journalism
Lee Enterprises after Alden
“The model is simple,” declared The Atlantic in its cover story for the November 2021 issue. “Gut the staff, sell……
The Alden effect – Nonprofit news on the rise
In its voracious drive to apparently consume as many U.S. newspapers as possible, the so-called vulture capitalist Alden Global Capital……
Anatomy of Stripped for Parts: American Journalism on the Brink
In 2018, hedge funds had been scarfing up newspapers right and left for more than a decade. But outside of……
Small news outlets in the Midwest unfazed by Elon Musk’s idea to charge X users
Last week Elon Musk floated the idea of charging users to use X, the social media site formerly known as……