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News

60 Minutes – Local newsrooms strained by budget-slashing financial firms – Alden Global Capital and Heath Freeman

June 13, 2022/No Comments

HANDOUT IMAGE:
Heath FreemanNOT AVAILABLE FOR PHOTO-ILLUSTRATION OR MANIPULATION BEYOND LIGHT CONTRAST/TONING. ONE TIME USE ONLY W/FREEMAN, Style, June 2020. NO ARCHIVE.

Alden Capital has sort of a playbook of going into a distressed newsroom and selling off the real estate and property, equipment, things like that. And second of all, diminishing the resources that the reporters have.

 

Alden Global Capital

By Jon Wertheim


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