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

11 Comments

  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.

  2. Amazing post mate, BITO hit 1B in trading volume on day 1, was the second largest ETF launch ever and was nearly the most traded ETF overall yesterday. If the SEC was concerned about demand from institutions for a Bitcoin based ETF, they can set those aside and go ahead and approve a real ETF. We were already on shaky footing with historically low volume and almost pure whale pumps, narrowly avoiding a long-term bear market. This is the worst possible time in history to invest as so many don't back up their crypto assets. More emphasis should be put into day trading as it is less affected by the unpredictable nature of the market. I have made over 2BTC from 3 weeks trade with Marcus Ramirez .insights and signals in less than 4 weeks, this is one of the best medium to backup your assets incase it goes bearish…

  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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