We keep an eye out for the most interesting stories about Labby subjects: digital media, startups, the web, journalism, strategy, and more. Here’s some of what we’ve seen lately.
Heath Freeman, the hedge fund manager whose Alden Global Capital owns the Digital First Media chain, doesn’t see the papers he owns as institutions to inform the public or hold officialdom to account, but to supply cash for him to use elsewhere, writes Joe Nocera: “According to figures compiled by the union that represents workers at DFM properties, the staff of the Denver Post has fallen from 184 journalists to 99 between 2012 and 2017. Yet last year, DFM’s chief executive sent a company-wide email saying that the company was ‘solidly profitable.'” —
Tags:
Alden Global Capital,
Boston Herald,
Digital First Media,
doom,
newspapers
