STAND UP TO THE WALL STREET HEDGE FUND STRIP MINING 100+ NEWSPAPERS NATIONWIDE Join more than 11,000 others demanding transparency from Alden Global Capital, the secretive owner decimating Digital First Media newspapers: “The public has a right to know about… Continue Reading →

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Alden poised to acquire Reading Eagle’s real estate along with a cash cow

Nearly $4 million in buildings and land come with $5 million bankruptcy sale By Julie Reynolds After a federal judge gave Alden Global Capital the go-ahead to buy the Reading Eagle for $5 million, fears of becoming a near-news desert… Continue Reading →

Senators blast Alden Global Capital’s “newspaper-killing business model”

By Julie Reynolds Twenty-one prominent US Senators have sent a scathing letter to the founders of Alden Global Capital, decrying its “newspaper-killing business model” and vowing to “continue watching Alden closely.” The letter was sent last week on the eve… Continue Reading →

We did it! National action to stand up for local news begins with rejection of Alden’s tactics by Gannett shareholders

We did it! We raised national awareness of Alden’s extreme chop-shop tactics and on May 16, Gannett shareholders successfully fended off Alden Global Capital’s hostile takeover attempt! The fight to save local news is far from over, but we’re on… Continue Reading →

The other side of Alden’s Gannett takeover threat

Britain’s second-largest newspaper chain is also in the crosshairs By Julie Reynolds There’s been a lot of media coverage about what might happen to America’s local news if vulture hedge fund Alden Global Capital, owner of the Digital First Media… Continue Reading →

Guild members stand united on World Press Freedom Day

Thanks to all for the incredible show of solidarity on World Press Freedom Day, May 3. Together we lit up the Twittersphere!! Scroll over photos to see locations, and be sure to reload this page to rearrange the mosaic!

Under federal investigation, Alden pulls half its proposed Gannett takeover slate

A screenshot of Alden’s revised board slate from savegannett.com By Julie Reynolds It’s been a tough week for Alden Global Capital, the hedge fund trying to take over the nation’s largest newspaper chain, as senators, shareholders, creditors and federal agencies… Continue Reading →

PULITZERS: Despite having the ‘worst owners,’ Digital First Media journalists continue to produce prize-winning work

By Julie Reynolds The “small but mighty” newsroom at the Chico Enterprise-Record was a finalist for the Pulitzer Prize in Breaking News this week. Working in collaboration with the Bay Area News Group — which includes the San Jose Mercury… Continue Reading →

Unions call for Gannett shareholders to reject hedge fund’s takeover slate

By Julie Reynolds Leaders of the NewsGuild and Teamsters unions have issued a call to Gannett shareholders this week to reject a “hopelessly conflicted” board takeover effort by vulture hedge fund Alden Global Capital, owner of Digital First Media newspapers…. Continue Reading →

Representatives launch national initiative to save local news

NOTE: This story has been updated to include a link to the resolution to support local news. By Julie Reynolds Responding to the dire challenges faced by local news, U.S. representatives are launching bills to protect local news outlets and… Continue Reading →

Who’s the other vulture fund behind Alden Global Capital’s attempted hostile takeover of Gannett?

By Julie Reynolds Vulture hedge fund Alden Global Capital’s efforts to take over the Gannett newspaper chain took some bizarre turns in recent weeks — developments that might seem laughable if not for the danger it poses to the future… Continue Reading →

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