Are investment groups killing US newspapers? | FT Big Deal

Today about half of America’s newspapers are controlled by private equity, hedge funds and other investment groups. But as the FT’s James Fontanella-Khan explains, one name stands above the rest: Alden Global Capital. The Alden recipe is to get rid of the newsroom, sell the real estate, and viciously cut costs. Critics say it’s destroying local newspapers, but Alden says it’s saving them.

#newspapers #newsroom #investment

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Bitcoin current price is $55,023.00 0.56% (24hrs)

Bitcoin is the first decentralized cryptocoin ever built on top of a blockchain. The cryptocurrency was invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto. The currency began use in 2009 when its implementation was released as open-source software.

The entire cryptocurrency market — now worth more than $300 billion — is based on the idea realized by Bitcoin: money that can be sent and received by anyone, anywhere in the world without reliance on trusted intermediaries, such as banks and financial services companies.

The price of Bitcoin right now is $55,023.00. Its price is ↑ 0.56% up in the last 24 hours.
Current Price All Time High Market Cap
$55,023.00 $69,045.00 $1,039,918,638,236.00

Bitcoin Price Changes :

Last 24 Hours Last 7 Days Last 30 Days Last 1 Year
↑ 0.56% ↓ -5.88% ↓ -6.17% ↑ 221.06%

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About the Author: Anthony Getty


  1. Politico was bought just recently by a German Media conglomerate Axel Springer that has a Zionist agenda (they make employees swear allegience to israel) because … shocker, the german conglomerate is 43% owned by 3 jewish american wallstreet private equity elites. You read what they allow you to read. Support independant media.

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  3. Dunno. My general impression about US media is that nothing of value is being lost there either way. Salvaging some real estate seems to be the most reasonable thing to do.

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