Tag

ALDEN

THE INCREDIBLE SHRINKING HEDGE FUND

Alden and former Digital First Media execs prosper despite lawsuits and bad investments 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 laid off… Continue Reading →

Journalists Demand Owners Put Quality News Before Profits

SIGN THE PETITION DOWNLOAD PRINTABLE POSTERS: 8.5×11 11×17 DOWNLOAD PRINTABLE DFM/ALDEN FACT SHEET Fact Sheet HASHTAG FOR SOCIAL MEDIA SHARING: #AldenExposed Journalists Demand Owners Put Quality News Before Profits  Pacific Media Workers Guild, Local 39521 415-421-6833 guild@mediaworkers.org   JOINT STATEMENT… Continue Reading →

NewsGuild urges Duke University to sever ties with hedge fund president over newspaper pillaging

• SIGN THE PETITION: Tell Duke to cut ties to Alden/Heath Freeman   By Julie Reynolds   The NewsGuild-CWA, which represents workers at 12 Digital First Media newspapers, is urging Duke University to sever its ties to hedge fund president… Continue Reading →

Layoffs, buyouts across DFM newspaper chain follow hedge fund’s profit-extraction strategy

UPDATE: Total buyouts in San Jose this week now stand at 15, at least 9 of whom are NewsGuild-represented, bringing total job losses for the Bay Area News Group this week to at least 27. By Julie Reynolds Recent company-wide… Continue Reading →

The Case for New Owners is Clearer Than Ever

This is not the usual “hard times for newspapers” lament. Alden is cutting news staff at more than twice the national rate. By DFMworkers staff The argument for responsible, local ownership of Digital First Media newspapers grows stronger every day,… Continue Reading →

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