Tag Archives | Stripped for Parts: American Journalism on the Brink

‘Stripped for Parts: American Journalism on the Brink’

Originally published: Kovno Communications, Inc. (KCI) on 2024 by Rick Goldsmith (more by Kovno Communications, Inc. (KCI)) (Posted Mar 02, 2024)

In 2011, a Wall Street hedge fund, Alden Global Capital, started buying up chains of newspapers nationwide. Alden found a way to profit from distressed industries, but the effects on the newspapers’ journalism were disastrous.