Alden Global Capital
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How the Decline of Local Newspapers Hurts Us All
The massive cuts at the region’s suburban newspapers by hedge-fund-backed companies like Digital First Media are adversely affecting local communities, writes Jeff Blumenthal for the…
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Washington Post: Local Newspapers Caught in Hedge Fund’s ‘Mercenary’ Strategy
Several local newspapers have been caught in Alden Global Capital’s strategy of buying newspapers, drastically cutting jobs, and then selling the real estate, write Jonathan…
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Digital First Media Offers $1.4 Billion to Buy Gannett Co., Parent of USA Today
In an attempt to become the largest publisher of newspapers in the country, Alden Global Capital, a New York hedge fund that controls Digital First…
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Digital First Media’s Suburban Philadelphia Newspapers Face Uncertain Future
Digital First Media’s suburban Philadelphia newspapers, which include the Daily Local News and Delaware County Daily Times, are staring at an uncertain future, writes Bob…
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