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Alden Global Capital

As Patrick Soon-Shiong comes under increased financial pressure, deals to sell the Los Angeles Times and his Tribune Publishing stake look more and more likely

A $1 billion pharmaceutical lawsuit, needs of his biotech companies and three years of choppy ownership may help deliver both to Alden Global Capital.

March 4, 2021

Texas and Washington reporters celebrate labor board victories as California journalists move to unionize

The Austin NewsGuild is now a certified union, and the Alden-owned Southern California News Group is forming its own union.

February 25, 2021

As Tribune Publishing agrees to sell to Alden, Dr. Patrick Soon-Shiong has absolute veto power on a deal

The Los Angeles Times owner retains a big enough share of Tribune Publishing stock that he must be satisfied on price and other details.

February 16, 2021

Alden’s takeover bid for Tribune Publishing faces a fresh challenge from the NewsGuild

The guild alleges that a Tribune director failed to meet SEC reporting requirements and that Alden ‘colluded’ with an investor.

January 6, 2021

Layoffs hit Alden newspapers in Denver, Boston and beyond

Newspapers in the chain formerly known as Digital First Media joined others around the country…

April 6, 2020

What went wrong at Digital First Media — and what’s next?

The announced shutdown of Digital First Media’s national newsroom Wednesday and the probable sale of…

April 3, 2014