By Julie Reynolds Alden Global Capital, owner of the Digital First Media newspaper chain, has become the largest holder of Tribune Publishing Co. stock, according to Securities and Exchange Commission filings. Tribune publishes the Chicago Tribune, The Baltimore Sun, The… Continue Reading →
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 →
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 →
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 →
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 →
• 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 →
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 →
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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