When newsrooms fight their owners

The Denver Post’s editorial board has made no secret of what it thinks about its hedge fund owners.

“As vultures circle,” the newspaper “must be saved,” the board wrote earlier this month. The Post had just been ordered to cut dozens of staff even though its parent company, Digital First Media, is profitable, according to the editorial.

The board argued that the problem could be at Alden Global Capital, the New York-based hedge fund that owns most of Digital First and its dozens of newspaper

 

Leave a Reply

Your email address will not be published. Required fields are marked *