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 ]
News tagged with:
#prince harry
#meghan markle
#mother jones
In his memoir 'Beyond the Wand,' Tom Felton shares behind-the-scenes tales from the 'Harry Potter' franchise and chronicles his struggle with alcohol. Continue reading at Los Angeles Times
[ Los Angeles Times | 2022-10-18 20:19:47 UTC ]
More news stories like this | All news stories tagged with:
#memoir
#harry potter
A crop of recent novels strains against the expectations of a publishing industry attempting to embrace diversity. Continue reading at The New York Times
[ The New York Times | 2022-10-13 09:00:06 UTC ]
More news stories like this | All news stories tagged with:
#publishing industry
#embrace diversity
A princess and an ambassador were among those who helped a reluctant Freud and his family flee Austria. Continue reading at The Washington Post
[ The Washington Post | 2022-09-02 10:00:55 UTC ]
More news stories like this |
Settle in with novels by Donna Leon, Sulari Gentill, Elly Griffiths, Jean-Luc Bannalec and Sara Paretsky. Continue reading at The Washington Post
[ The Washington Post | 2022-08-23 12:00:00 UTC ]
More news stories like this | All news stories tagged with:
#sara paretsky
#elly griffiths
Lori Garver's new memoir details her struggles to get NASA colleagues to embrace SpaceX and Blue Origin. Continue reading at Wired
[ Wired | 2022-07-29 16:00:00 UTC ]
More news stories like this | All news stories tagged with:
#memoir
#blue origin
#memoir details
#brutally honest
"The Forgiven" author Lawrence Osborne discusses the impulses that drive his fiction. Continue reading at The Washington Post
[ The Washington Post | 2022-07-22 13:00:00 UTC ]
More news stories like this |
Jen Silverman’s novel, We Play Ourselves, is out now in paperback from Random House, so we asked about her favorite books to give to friends, the best stories to revisit, and how she procrastinates. * What is your favorite book to give as a gift? I am bad at many things in life, among them... Continue reading at Literrary Hub
[ Literrary Hub | 2022-05-24 08:51:33 UTC ]
More news stories like this | All news stories tagged with:
#favorite book
#random house
Lawrence Jackson grew up in a mostly Black neighborhood, Park Heights; now he lives in a mostly White one, Homeland. Continue reading at The Washington Post
[ The Washington Post | 2022-05-13 12:00:29 UTC ]
More news stories like this |
Book Reviews Photo by Dominik Scythe / Unsplash A new book by a Nobel laureate and Booker award-winning author always brings with it a sense of trepidation. Will the new novel live up to the already established high expectations? Klara and the... Continue reading at World Literature Today
[ World Literature Today | 2022-03-01 21:50:34 UTC ]
More news stories like this | All news stories tagged with:
#award-winning author
#bookshop
#wlt receives
#emotional intelligence
During his time at Princeton, the writer was one of the most impactful "militant humanists" working against the Nazis. Continue reading at The Washington Post
[ The Washington Post | 2022-02-18 13:00:42 UTC ]
More news stories like this |
Uwem Akpan’s novel follows Ekong — whose name means war — as he travels to the United States. Continue reading at The Washington Post
[ The Washington Post | 2021-11-02 17:31:46 UTC ]
More news stories like this | All news stories tagged with:
#uwem akpan
#civil war
#long shadow
Helena Merriman tells how a passage to freedom was dug under the Berlin Wall in 1962. Continue reading at The Washington Post
[ The Washington Post | 2021-09-24 12:00:00 UTC ]
More news stories like this | All news stories tagged with:
#berlin wall
#east germany
Charity Libraries Unlimited, which aims to bring libraries’ work to new audiences, has come up with an innovative way to reach potential readers at libraries across Devon. Continue reading at The Bookseller
[ The Bookseller | 2021-09-02 22:53:52 UTC ]
More news stories like this | All news stories tagged with:
#libraries
After four moves and 43 years as a hub for children’s books and visits by local and nationally renowned authors, The Children’s Bookstore is closing. Continue reading at Baltimore Sun
[ Baltimore Sun | 2021-07-23 20:26:06 UTC ]
More news stories like this | All news stories tagged with:
#bookstore
“The Blind Accordionist” and “An Atlas of Extinct Countries” are waking dreams of adventure. Continue reading at The Washington Post
[ The Washington Post | 2021-06-23 16:00:00 UTC ]
More news stories like this | All news stories tagged with:
#waking dreams
#books offer
Margalit Fox’s new book is an enthralling tale about two British officers who broke out of a World War I POW camp with the help of a Ouija board. Continue reading at The Washington Post
[ The Washington Post | 2021-06-16 16:00:00 UTC ]
More news stories like this | All news stories tagged with:
#pow camp
#world war
#margalit fox
Regulatory body says subheading implying deaths of six people in clinical trials were due to the vaccine was not fair or balancedA subheading saying six people that took part in the Pfizer Covid-19 vaccine clinical trial died was not fair or balanced, the Australian Press Council has found,... Continue reading at The Guardian
[ The Guardian | 2021-05-19 02:44:28 UTC ]
More news stories like this | All news stories tagged with:
#news corp
#herald sun
#article published
Faber has detailed its publicity and marketing for Kazuo Ishiguro's Klara and the Sun, published this week, which features the first ever in-conversation public event between Ishiguro and his daughter, Naomi. Continue reading at The Bookseller
[ The Bookseller | 2021-03-03 07:25:11 UTC ]
More news stories like this | All news stories tagged with:
#kazuo ishiguro
Ishiguro’s first novel since winning the Nobel Prize in 2017 is a delicate, haunting story, steeped in sorrow and hope. Continue reading at The Washington Post
[ The Washington Post | 2021-03-02 16:46:21 UTC ]
More news stories like this | All news stories tagged with:
#first novel
#nobel prize
#make sense
#kazuo ishiguro
Nobel Prize-winning author Kazuo Ishiguro explores the effects of technology on humans through the eyes of an ever-sunny, ever-likable cyborg. Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2021-03-01 14:06:50 UTC ]
More news stories like this | All news stories tagged with:
#prize-winning author