Fortress Investment Group | Nieman Journalism Lab

Articles tagged Fortress Investment Group (7)

Ken DoctorJanuary 14, 2020

Newsonomics: Worried about Alden taking control of Tribune? It’s already pulling strings inside

The news industry’s own Doctor Octopus has stuck its tentacles deep into another newspaper chain — and it’s unlikely to be dislodged anytime soon.

Ken DoctorDecember 6, 2019

Newsonomics: This is how the 5 biggest newspaper chains could become 2 — and it all comes down to one day, June 30, 2020

Worse, the two left standing could be run by hedge fund guys with little interest in more than the bottom line.

Ken DoctorNovember 19, 2019

Newsonomics: As McClatchy teeters, a new set of money men enters the news industry spotlight

The nation’s second-largest newspaper company had paid off most of its old debt and still generates positive cashflow. But it might head to bankruptcy anyway so investors can get paid.

Ken DoctorOctober 9, 2019

Newsonomics: The Gannett–GateHouse merger is really happening, but expect to see more than 10% of jobs cut off the top

The number of employees soon to be cut at the No. 1 U.S. newspaper chain is about the same number as the No. 2 chain has in total. But newsrooms should mostly be spared — for now.

Ken DoctorAugust 9, 2019

Newsonomics: The perils — and promises — of New Gannett

What will the largest local news company need to do and be to be successful in the 2020s? Neither Gannett nor Gatehouse has offered any big vision of what that is, or could be, even fueled by new money.

Ken DoctorAugust 4, 2019

Newsonomics: The GateHouse/Gannett newspaper megamerger could be announced as soon as Monday morning

The merger of the United States’ No. 1 and No. 2 newspaper chains will likely spark a new wave of consolidation among its smaller competitors. But will the potential cost savings be eaten up by debt payments to financiers?

Ken DoctorNovember 28, 2016

Newsonomics: Canada’s government imagines what a news-less future might look like

Canada’s press woes are bad enough unto themselves, but they also serve as a sign of earlier winter for the U.S. press.