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Alden Suffers Stinging Defeat in Effort to Take Over Gannett

May 16, 2019 – Alden Global Capital, the hedge fund known as “the destroyer of newspapers,” suffered a stinging defeat on Thursday when Gannett shareholders rejected its hostile takeover bid.

The NewsGuild-CWA, which called had called on Gannett shareholders to reject Alden’s take-over efforts, was thrilled with the news. Continue reading “Alden Suffers Stinging Defeat in Effort to Take Over Gannett”

Vote Count Gets Underway in Election of NewsGuild President

Updated 4:10 p.m. EDT

The ballot total has been revised to 2,227. Two pieces of mail retrieved from the post office box were not intended for the Guild.

May 13, 2019 – Members of the Sector Election and Referendum Committee (SERC) have begun processing ballots in the election of The NewsGuild-CWA president. Ballots were retrieved from the post office box in Washington, DC, on May 13 and transported to the MITAGS facility outside Baltimore, where the count is taking place. Continue reading “Vote Count Gets Underway in Election of NewsGuild President”

NewsGuild Election Committee to Begin Vote Count May 13th

The following statement was issued by Scott Edmonds, Chairman of the NewsGuild/CWA Sector Election and Referendum Committee.

May 10, 2019 – “The election to determine who will be president of the NewsGuild/CWA is entering its final phase, which will conclude sometime next week. Continue reading “NewsGuild Election Committee to Begin Vote Count May 13th”

On World Press Freedom Day, NewsGuild members say, ‘Save Local News’

Check out photos of NewsGuild-CWA members fighting to Save Local News on World Press Freedom Day, May 3.

May 7, 2019 – NewsGuild members at DFM and Gannett newspapers marked the day with rallies in Denver and Detroit and lit up the Twittersphere using the hashtag #SaveLocalNews. Continue reading “On World Press Freedom Day, NewsGuild members say, ‘Save Local News’”

On World Press Freedom Day, NewsGuild warns of danger to local news; Urges shareholders to reject Alden’s hostile bid for Gannett

May 2, 2019 – On May 3, World Press Freedom Day, The NewsGuild-CWA will warn of the danger to local news coverage in communities across the United States and urge Gannett shareholders to reject a looming hostile takeover bid by Alden Global Capital, a New York hedge fund.

Alden, reviled as a “destroyer of newspapers,” owns Digital First Media, the second largest U.S. chain by circulation. Alden is backing a slate of three “hopelessly conflicted” candidates running for Gannett’s board at the company’s May 16 shareholder meeting. Continue reading “On World Press Freedom Day, NewsGuild warns of danger to local news; Urges shareholders to reject Alden’s hostile bid for Gannett”

On World Press Freedom Day, NewsGuild urges rejection of Alden’s hostile bid for Gannett

For Immediate Release: May 2, 2019

Contact: Bernie Lunzer
202-258-3231
Sally Davidow
sdavidow@cwa-union.org; 202-368-3324
Tony Mulligan (Denver Rally)
dng@denvernewspaperguild.org; (303) 956-1255
Stevie Blanchard (Detroit Rally)
stevie@detroitguild22.org; (928) 380-0286
World Press Freedom Day
#SaveLocalNews

WASHINGTON, DC – On World Press Freedom Day, The NewsGuild-CWA – warning of the danger to local news coverage in communities across the United States – will urge Gannett shareholders to reject a looming hostile takeover bid by Alden Global Capital, a New York hedge fund. Continue reading “On World Press Freedom Day, NewsGuild urges rejection of Alden’s hostile bid for Gannett”

NewsGuild joins press freedom groups in ‘friend of the court’ brief

April 29, 2019 – The NewsGuild-CWA joined the Reporters Committee for Freedom of the Press and 31 other media organizations in filing an amicus brief in Gubarev v. BuzzFeed, a defamation action before the 11th Circuit.

The case arises from a January 2017 BuzzFeed article that published the “Trump-Russia dossier,” also known as the “Steele dossier.” Continue reading “NewsGuild joins press freedom groups in ‘friend of the court’ brief”

Under federal investigation, Alden pulls half its proposed Gannett takeover slate

This article first appeared on April 25, 2019, on the website of DFMworkers.org.

By Julie Reynolds

April 26, 2019 – It’s been a tough week for Alden Global Capital, the hedge fund trying to take over the nation’s largest newspaper chain, as senators, shareholders, creditors and federal agencies are all looking into a slew of self-dealing allegations.

First, the Washington Post reported last week that the Labor Department is interested in the roughly $250 million of news workers’ pension monies that Alden quietly shifted into its own Cayman-Island-based accounts. Continue reading “Under federal investigation, Alden pulls half its proposed Gannett takeover slate”

Annual Per Capita Adjustment

TNG-CWA sent a letter to Local leaders regarding the annual per capita adjustment on April 25, 2019.

TNG-CWA Constitution calls for an annual recalculation of the per capita payable on behalf of regular members employed full time, and those employees covered by a Guild contract who are required to pay fees equivalent to dues. That recalculation is done each year in April. These calculations can be seen by clicking here.

TIME digital staff requests voluntary union recognition; seeks to end ‘digital divide’

April 25, 2019 – Digital employees of TIME requested voluntary union recognition April 25, seeking union protection and equity with the magazine’s print employees. Although the publication has been represented by the New York local of The NewsGuild-CWA for nearly 80 years, the former owners of Time Inc. maintained an antiquated divide to keep employees they identified as “digital” out of the bargaining unit. Continue reading “TIME digital staff requests voluntary union recognition; seeks to end ‘digital divide’”