Hedge fund quietly invests in distressed media firms

Salt Lake Tribune

Alden Global Capital has bought into MediaNews Group, Tribune, Freedom Communications and other chains. “If they are acquiring stakes in a number of companies, the question is, what is going to happen to the [newspaper] industry, rather than what is going to happen to the companies?" says newspaper industry consultant Ken Doctor.

  • Jim Romenesko

    From 1999 to 2011, Jim Romenesko maintained the Romenesko page for the Poynter Institute, a Florida-based non-profit school for journalists. Poynter hired him in August of 1999, after seeing his MediaGossip.com, a hobby site he started in May of 1999.

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