A Washington, D.C. jury’s decision that former New York Mayor Rudolph Giuliani must pay two former Georgia poll workers $148 million for lying about their role in the 2020 election leaves the stage nearly clear for the next act in the two women’s legal battles – to be played out in St. Louis against The…
From “Hedged: How Private Investment Funds Helped Destroy American Newspapers and Undermine Democracy” by Margot Susca. Copyright 2024 by the Board of Trustees of the University of Illinois. Used with permission of the University of Illinois Press. Warren Buffett’s Berkshire Hathaway had a dalliance with the chain newspaper market, acquiring in 2012 dozens of newspapers…
A feisty team of lawyers and tenants in Appalchian mobile home parks are fighting Alden’s owners — and sometimes, they’re winning. News analysis In Mercer County, West Virginia, Valeria Steele is proud of her home in Elk View Estates, a community she says used to be “such a nice place to live.” But since new…
Newspapers are dying. Young people aren’t reading them. Predatory hedge funds are buying them up, laying off reporters, milking them for profits and cutting home delivery. The result is that democracy is losing its eyes and ears and maybe its conscience. That was a theme of Rick Goldsmith’s new documentary on the predatory consequences of…
When Alden Global Capital bought Tribune Publishing in May 2021 and slashed Chicago Tribune newsroom staff to bare bones, few media experts and Chicago journalists were surprised. “Years of poor management” at Tribune Publishing paved the way for Alden, said Brant Houston, professor and Knight chair in investigative and enterprise reporting at the University of…