Led by risk-averse corporate owners, dozens of the biggest U.S. newspapers have decided their editorials should express opinions on everything except who should be president.
After finding success — and a Pulitzer Prize — in Santa Cruz, Lookout aims to replicate its model in Oregon. “All of these playbooks are at least partially written. You sometimes hear people say, ‘Nobody’s figured it out yet.’ But this is all about execution.”
Andrew Donohue, Voice of San DiegoNovember 6, 2023
Under new owner Alden Global Capital, there’s no plan for the future. There’s just revenue extraction for as long as a generation of older newspaper subscribers live to keep paying their bills.
Newsletter signups went up 60% following the news startup’s wall-to-wall coverage of the Marshall Fire. “We will not survive if we’re not meeting the information needs of our community. It’s not a side project we have. It’s just who we are.”
This time it’s Lee Enterprises in the cross-hairs. Adding it to its empire would leave two American local newspaper giants — Gannett and Alden — and everyone else far behind.
Cerberus Capital Management is entrenched in the military industrial complex and its company trained a journalist’s assassins. It also made possible the takeover of Tribune Publishing.
Tribune board members acted in their own interests, not their newspaper chain’s, while Alden failed to disclose a secret investor meeting and misrepresented its cash position.
Reynolds, Julie. "Alden Global Capital and Tribune’s board are dancing at the edge of the law." Nieman Journalism Lab. Nieman Foundation for Journalism at Harvard, 22 Jun. 2021. Web. 21 Dec. 2024.
APA
Reynolds, J. (2021, Jun. 22). Alden Global Capital and Tribune’s board are dancing at the edge of the law. Nieman Journalism Lab. Retrieved December 21, 2024, from https://www.niemanlab.org/2021/06/alden-global-capital-and-tribunes-board-are-dancing-at-the-edge-of-the-law/
Chicago
Reynolds, Julie. "Alden Global Capital and Tribune’s board are dancing at the edge of the law." Nieman Journalism Lab. Last modified June 22, 2021. Accessed December 21, 2024. https://www.niemanlab.org/2021/06/alden-global-capital-and-tribunes-board-are-dancing-at-the-edge-of-the-law/.
Wikipedia
{{cite web
| url = https://www.niemanlab.org/2021/06/alden-global-capital-and-tribunes-board-are-dancing-at-the-edge-of-the-law/
| title = Alden Global Capital and Tribune’s board are dancing at the edge of the law
| last = Reynolds
| first = Julie
| work = [[Nieman Journalism Lab]]
| date = 22 June 2021
| accessdate = 21 December 2024
| ref = {{harvid|Reynolds|2021}}
}}
