American Journalism on the Brink


Press Democrat Update Since Alden Takeover – Doesn’t Bode Well

Just six months after the (Santa Rosa) Press Democrat screened Stripped for Parts as part of their Trust & Democracy speaker series, MediaNews Group, owned by Alden Global Capital, swooped in and bought the paperalong with six other Bay Area newspapers.

According to SFGATE, staffers have since then received an email offering severance packages to those who choose to leave the company. Although layoffs have not been announced yet, this email has staffers worried about the future of their newsroom.

“It was a small punch in the gut,” Barber said to SFGATE. “It’s nothing like getting notice that 10 people were getting laid off, nothing that dire, but it was a reminder that there’s a reality to this.” 

Read more about it here.

One response to “Press Democrat Update Since Alden Takeover – Doesn’t Bode Well”

Leave a reply to Dallas Morning News is fending off Alden Global Capital – Will it succeed? – STRIPPED FOR PARTS Cancel reply