Newsonomics: Dean Singleton on The Denver Post: “Everything I believe about the news business is being violated”

It might only seem that the walls are tumbling in at The Denver Post. Or it might be reality. In a stunningly quick series of events, the Post has continued to shed staff — not by firing or layoff, but by what might best be described as resigned resignation. At the same time, I’ve learned, a ...

Read More

Newsonomics: Alden Global Capital Is Making So Much Money Wrecking Local Journalism It Might Not Want To Stop Anytime Soon

Is there any chance Alden Global Capital might change course? The majority owner of Digital First Media — publisher of The Mercury News, The Denver Post, the St. Paul Pioneer Press, 11 Southern California dailies, and 49 others from California to Michigan to New Jersey — has faced a rising tide ...

Read More

Newsonomics: Did Digital First Media Owner Alden Cook The Books?

  That’s the allegation now moving into Delaware’s Chancery Court. This week, Solus Alternative Asset Management LP accused Alden Global Capital — the increasingly maligned majority owner of Digital First Media — of “possible mismanagement and breaches of fiduciary duty.” The big charge: ...

Read More

Newsonomics: Tronc “Crashes”, DFM Owner Sued, News Guard Funded, Advance Tiptoes Into Paywalls — and The Big Lesson From Hypergrowing The Athletic

Is it really only the beginning of March? The news business’ gyrations seem to be moving at warp speed this year, and particularly this week, as two newspaper companies long in the news make new big moves. As Tronc reckons with the crash of its stock price and oh-so-private Alden Global Capital ...

Read More