Alden Global Capital
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’60 Minutes’ Highlights Pottstown’s ‘Last Reporter Standing’ as It Chronicles the Demise of Local News
Evan Brandt, the last reporter of the once-thriving Pottstown Mercury, is overworked and overwhelmed as he continues to try to cover community news using the…
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Parent Company of West Chester-Based Daily Local News the Lone Bidder to Buy Reading Eagle
MediaNews Group – formerly known as Digital First Media, the company that operates several newspapers in suburban Philadelphia, including the Daily Local News in West…
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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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