Sign the letter to Alden Global Capital president Heath Freeman and demand transparency from the owner of America’s second-largest newspaper chain. The public deserves to know who’s gutting hundreds of papers for ever-greater profits — because democracy depends on journalism!
“This campaign was the first time so many different bargaining units spread across the country were able to coordinate their efforts and join in common cause.”
DENVER, JULY 27, 2016 — Leaders of 12 Guild bargaining units reached an unprecedented tentative agreement with Digital First Media today, including the first across-the-board pay increase many DFM workers have seen in years.
The bargaining was conducted during an ongoing revenue squeeze and threats of job cuts throughout the newspaper industry. At DFM, management’s outsourcing of jobs has been a key issue, as have Guild efforts to win enhanced severance terms for any workers facing layoff.
Some people like to say that newspapers are dying, that we shouldn’t blame Digital First Media and its hedge fund owner, Alden Global Capital, for the troubles their 200-plus daily and weekly papers face. We DFM workers get that print is in peril, and that it will take owners with a deep commitment to democracy and journalism — along with a lot of creative hard work — to keep the news alive, independent and vibrant.
Photographs by PATRICK TRAYLOR
DENVER — Scores of demonstrators rallied outside the downtown offices of the Denver Post on Friday, June 17, the day after a buyout push from management expired. The company’s proposed cuts would slash newsroom staff by a third, NewsGuild officials said.
Demonstrators called for transparency from Alden Global Capital, a “vulture” hedge fund that owns Digital First Media, the nation’s second-largest newspaper company. Digital First, or DFM, runs the Post and more than 200 other dailies and weeklies across the U.S.
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Our June 17 actions — standing up to hedge fund news owners and supporting Denver Post workers facing drastic staff cuts — saw an incredible turnout all over the country. Thanks to all who participated and sent photos.
And if you haven’t signed the petition to Alden Global Capital, do it now!
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Hundreds of news workers and supporters will hold a nationwide Day of Action on June 17
Washington, D.C. — Digital First Media workers and advocates for responsible and quality journalism will launch a campaign beginning June 17 to demand investor transparency by Alden Global Capital, the hedge fund that purchased Digital First Media newspapers and properties beginning in 2009.