By Julie Reynolds
In the second half of a scathing new study titled “The Expanding News Desert,” the University of North Carolina’s School of Media and Journalism lays bare the devastating effect hedge funds and other investment firms are having …
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By Julie Reynolds
BREAKING: Just as this story posted, Fred’s Pharmacies filed a Worker Adjustment and Retraining Notification to announce that 80 employees will be permanently …
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First it sold off all its newspapers’ buildings. Now, by closing rented offices and making reporters work from home and coffee shops, Digital First Media takes extreme cost-cutting to a new level.
By Julie Reynolds
When the Longmont, Colorado…
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Here’s a transcript of the meeting between Digital First Media management and employees at the Denver Post on June 19. …
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Brandt in front of Freeman’s Montauk home. | Photo by Lorraine Dusky
By Evan Brandt
There is a scene I love at the end of the 1972 Robert Redford film “The Candidate.”
Redford’s character, the naive political novice Bill McKay, …
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May 24, 2018
DFM BARGAINING BULLETIN
PHILADELPHIA — DFM management came to a bargaining session empty-handed today, telling a national coalition of NewsGuild representatives that the company’s hedge fund ownership intends to keep employee pay frozen companywide to help maintain …
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By Julie Reynolds
The hedge fund behind draconian staff cuts at Digital First Media newspapers — including The Denver Post, San Jose Mercury News …
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By Julie Reynolds
The rebellion two weeks ago by The Denver Post’s editorial board against the newspaper’s hedge-fund owners spurred a national outcry, including a front-page article in The New York Times and coverage in The Washington Post, Time magazine, …
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By Julie Reynolds
As the media world rocks and reels this week over the Denver Post’s defiance against its hedge fund …
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By Julie Reynolds
Hedge fund Alden Global Capital admitted in court filings last week that its newspaper holding company has diverted hundreds of millions of dollars from struggling Digital First Media newspapers into Alden-managed investments.
The cash siphoning, engineered through …
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