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Alden Global Capital Siphoned Hundreds of Millions, Suit Alleges; Pulitzer-Prize Winners Condemn Practices

FOR IMMEDIATE RELEASE
March 12, 2018

 

Contact:   Bernie Lunzer, President
NewsGuild-CWA
202-434-7175
Carl Hall, Executive Officer
NewsGuild Local 39521
Pacific Media Workers Guild
chall@mediaworkers.org

Alden Global Capital Siphoned Hundreds of Millions, Suit Alleges
Pulitzer-Prize Winners Condemn Practices

 

WASHINGTON, DC — New York hedge fund Alden Global Capital siphoned hundreds of millions of dollars from one of America’s largest news chains, damaging local news organizations to finance insider investment deals, according to a lawsuit filed recently in a Delaware court. Continue reading “Alden Global Capital Siphoned Hundreds of Millions, Suit Alleges; Pulitzer-Prize Winners Condemn Practices”

Pulitzer-Prize Winners Denounce Alden’s ‘Ongoing Destruction’ of Newsrooms

March 8, 2018 – A group of prominent Bay Area journalists – including Pulitzer-Prize winners from the East Bay Times – have denounced “the ongoing destruction of our newsrooms” by the company’s owners, Alden Global Capital. Continue reading “Pulitzer-Prize Winners Denounce Alden’s ‘Ongoing Destruction’ of Newsrooms”

Hedge Fund Alden Siphoned 100s of Millions from Newspapers in Scheme to Gamble on Other Investments, Suit Says

By Julie Reynolds

March 8, 2018 – New York hedge fund Alden Global Capital siphoned hundreds of millions of dollars from one of America’s largest news chains, a new lawsuit charges, damaging local news organizations to finance insider investment deals. Continue reading “Hedge Fund Alden Siphoned 100s of Millions from Newspapers in Scheme to Gamble on Other Investments, Suit Says”

Ark Republic Storytellers Affiliate as Associate Members with Philadelphia Guild

March 7, 2018 – Storytellers at a revolutionary, subscription-based media outlet that covers “under-explored, under-examined and under-reported stories,” have affiliated as associate members with The News-Guild-CWA through the Philadelphia Local. Continue reading “Ark Republic Storytellers Affiliate as Associate Members with Philadelphia Guild”

Tech Workers Rally for the Right to Unionize

March 2, 2018 – Tech workers aren’t taking attacks on their right to organize a union lying down.

Software engineers rallied outside the San Francisco offices of Lanetix on March 2 to protest the company’s decision to fire all its tech employees after the workers announced plans to form a unit of The NewsGuild-CWA. The National Labor Relations Act prohibits employers from retaliating against employees who engage in union organizing.

“We explicitly demanded they recognize our right to organize in December. They knew we were organizing a union,” Bjorn Westergard told SF Weekly.

The protest was organized by the Tech Workers Coalition, with support from Democratic Socialists of America (DSA).

The Guild has filed an unfair labor practice charge with the National Labor Relations Board.

 

 

Guild Urges Duke to Sever Ties with Hedge Fund President

SIGN THE PETITION: Tell Duke to cut ties to Alden/Heath Freeman

This article by Julie Reynolds appears on the DFM Workers website.

March 2, 2018 – The NewsGuild-CWA, which represents workers at 12 Digital First Media newspapers, is urging Duke University to sever its ties to hedge fund president Heath Freeman, saying Freeman’s donations “directly contradict” the mission of Duke, home to one of the nation’s most prominent research centers for media and democracy. Continue reading “Guild Urges Duke to Sever Ties with Hedge Fund President”

Journalists of Casper Star-Tribune Make History; Continue ‘Inspiring National Trend’

Feb. 28, 2018 – The journalists of the Casper Star-Tribune made history on Feb. 27, voting for a union for the first time in paper’s 127-year history and becoming the first NewsGuild unit in Wyoming. Continue reading “Journalists of Casper Star-Tribune Make History; Continue ‘Inspiring National Trend’”

Casper Star-Tribune, Wyoming’s Statewide Newspaper, Votes to Form Union

Feb. 27, 2018 – The journalists of the Casper Star-Tribune have made history, voting for a voice at work and becoming the first NewsGuild unit in Wyoming. Below is the statement the Organizing Committee posted online. Continue reading “Casper Star-Tribune, Wyoming’s Statewide Newspaper, Votes to Form Union”