In December, Alden Global Capital, a New York City hedge fund and media investor, confirmed, in a filing with the Securities and Exchange Commission, that it was looking to acquire Tribune Publishing, which owns the Chicago Tribune, the New York Daily News, and the Hartford Courant, as well as other local newspapers in Pennsylvania, Maryland, Virginia, and Florida. Tribune already counted Alden as its largest shareholder; Alden was offering $14.25 per share to take full control of the company. Yesterday, following weeks of wrangling, Tribune announced its intention to sell to Alden at $17.25 per share. The deal as a whole is valued at $630 million, and would take Tribune private. Alden has become notorious—and widely reviled—for its tactic of ruthlessly slashing costs at its existing media properties; in 2018, staffers at the Denver Post, where management had just moved to cut thirty jobs, assailed their owners as “vultures” in an editorial that resonated across the media industry. “Media observers note that they make cuts almost from day one. Pens and notebooks disappear from newsrooms. One newsroom was missing hot water. Then newspaper buildings are sold, and staff is consolidated and cut,” CJR’s Savannah Jacobson wrote in a profile of Alden last year. “Despite earning higher profits than is typical in the industry, the NewsGuild says that between 2012 and 2019, Alden cut 71 percent of jobs in the hedge fund’s Guild-represented newsrooms.” (In their rare public... Continue reading at 'Columbia Journalism Review'
[ Columbia Journalism Review | 2021-02-17 13:33:35 UTC ]
First week of the controversial memoir’s sales breaks official UK records reports Nielsen, Guinness World Records and WaterstonesPrince Harry’s Spare has sold almost half a million copies in the UK in its first week on sale, making it the fastest-selling nonfiction book since records... Continue reading at The Guardian
[ The Guardian | 2023-01-17 16:13:57 UTC ]
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In 'Spare,' the Duke of Sussex attacks just about everything but the real source of his woes: the British monarchy itself. Continue reading at Los Angeles Times
[ Los Angeles Times | 2023-01-17 14:00:28 UTC ]
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As much as Prince Harry's memoir Spare gives the 38-year-old the chance to tell his story in his own words, the book and the media swirl around it have spawned a host of questions — for the Duke of Sussex himself, the Royal Family and the... Continue reading at CBC
[ CBC | 2023-01-15 09:00:00 UTC ]
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Prince Harry's memoir "Spare" is gracious, harsh, self-pitying, self-deprecating and, ultimately, self-aware. Continue reading at Los Angeles Times
[ Los Angeles Times | 2023-01-14 11:00:18 UTC ]
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An accidental release of Prince Harry's memoir Spare, five days ahead of schedule, led to round-the-clock coverage of the book and its many revelations. Publishing professionals say the outcome has been highly beneficial for sales. Continue reading at CBC
[ CBC | 2023-01-14 09:00:00 UTC ]
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Duke of Sussex tells Telegraph that he has enough material for another memoir and his original draft was twice as longPrince Harry says he has enough material to write another memoir and chose not to publish some details as he was concerned his father and brother would never forgive him if they... Continue reading at The Guardian
[ The Guardian | 2023-01-13 23:56:18 UTC ]
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Views range from sympathy for the Sussexes in light of treatment by royals and tabloids, to regarding them as being ‘as entitled as the others’Prince Harry’s tell-all autobiography has become the UK’s fastest-selling nonfiction book ever. The memoir has been controversial, with Harry making... Continue reading at The Guardian
[ The Guardian | 2023-01-13 12:09:22 UTC ]
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Electrified by outrage—and elevated by a gifted ghostwriter—his blockbuster memoir “Spare” exposes more than Harry’s enemies. Continue reading at New Yorker
[ New Yorker | 2023-01-13 11:00:00 UTC ]
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Electrified by outrage—and elevated by a gifted ghostwriter—his blockbuster memoir “Spare” exposes more than Harry’s enemies. Continue reading at New Yorker
[ New Yorker | 2023-01-13 11:00:00 UTC ]
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You don’t really have to do much at this point to absorb passages from Prince Harry’s public therapy tell-all trauma dump, Spare. So much of what’s in the book has already appeared in interviews, profiles and, thanks to a very aggressive British press, as actual text on the internet. Despite the... Continue reading at Literrary Hub
[ Literrary Hub | 2023-01-12 15:22:07 UTC ]
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The much-anticipated account of the troubled prince’s life has broken publisher’s previous record for first-day sales in the UK, US and CanadaPrince Harry’s memoir sold 1,430,000 copies on its first day on sale in the US, Canada and the UK combined, according to the book’s publisher Penguin... Continue reading at The Guardian
[ The Guardian | 2023-01-12 13:44:46 UTC ]
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The Duke of Sussex's media tour for his tell-all memoir has contained yet more insight into his life as a royal. Continue reading at HuffPost
[ HuffPost | 2023-01-12 10:00:08 UTC ]
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The steady drumbeat of revelations that preceded the book’s release helped push early orders and initial sales, making “Spare,” on its first day, one of the best-selling hardcover books in recent memory. Continue reading at The New York Times
[ The New York Times | 2023-01-11 22:07:48 UTC ]
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At once emotional and embittered, the royal memoir is mired in a paradox: drawing endless attention in an effort to renounce fame. Continue reading at The New York Times
[ The New York Times | 2023-01-10 21:07:46 UTC ]
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An independent book shop in Wiltshire, England has become an internet hit after its creative window display of the Duke of Sussex's memoir. Continue reading at HuffPost
[ HuffPost | 2023-01-10 19:17:34 UTC ]
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The memoir, which includes claims Prince William attacked him, records figures of 400,000 on its first day Prince Harry’s autobiography has become the UK’s fastest-selling nonfiction book ever, recording figures of 400,000 on its first day on sale.The controversial memoir Spare has made... Continue reading at The Guardian
[ The Guardian | 2023-01-10 19:17:17 UTC ]
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Spare is already the UK’s top-selling title a day ahead of publication, with high-street retailers expecting sustained interest in the royal psychodramaPrince Harry’s Spare is currently the No 1 in the UK Amazon bestseller charts and among the biggest pre-order titles for high-street retailers,... Continue reading at The Guardian
[ The Guardian | 2023-01-09 17:46:20 UTC ]
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New York Times suggests Spare could be one of most divisive celebrity memoirs as comedians and talkshow hosts weigh inConcern, comedy, and confusion – Prince Harry’s upcoming book has generated different reactions across the US, his adopted home country.Excerpts from the autobiography Spare were... Continue reading at The Guardian
[ The Guardian | 2023-01-07 19:39:06 UTC ]
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JR Moehringer, biographer to stars such as Andre Agassi and a doyen of the genre, was an obvious choice for the Duke of SussexWhen Prince Harry chose to work with ghostwriter JR Moehringer on his institution-shaking memoir, Spare, he was not taking half measures. The American writer and Pulitzer... Continue reading at The Guardian
[ The Guardian | 2023-01-07 18:42:05 UTC ]
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Duke of Sussex writes about tussles with his brother, that Nazi uniform, his mother’s death, and losing his virginityThe Duke of Sussex’s tell-all memoir Spare is not sparing in its extraordinary revelations. After it went on sale in Spain ahead of official publication, excerpts have dominated... Continue reading at The Guardian
[ The Guardian | 2023-01-06 15:12:39 UTC ]
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