Here’s a transcript of the meeting between Digital First Media management and employees at the Denver Post on June 19. DFM’s chief operation officer Guy Gilmore and DFM board chair Joseph Fuchs were the main speakers. The meeting took place days after several exiting Denver Post employees announced they are forming a new Denver news website, and it was several months after the “Denver rebellion” garnered headlines and TV news coverage across the nation. —more—
Updated May 17 to include additional newsclips of protest.
May 9, 2018 – The journalists of the Denver Post and other newspapers owned by Alden Global Capital have had enough. They’re in open rebellion against the “vulture capitalist” hedge fund – and the uprising shows no sign of abating.
On May 8, reporters, photographers and other newsroom personnel from Denver, St. Paul, the Bay Area, suburban Philadelphia, and Kingston, NY, converged on the sidewalks outside its New York City headquarters, where they picketed, chanted and gave speeches on bullhorns. They demanded that Alden invest in the papers it owns or sell them to someone who will. Continue reading “Rebellion Builds at Alden-Owned Newspapers”
May 8, 2018 – Below is the statement issued by NewsGuild-CWA President Bernie Lunzer on May 8, 2018, the day of protests against Alden Global Capital, the hedge fund that is decimating the close to 100 newspapers it owns.
“The journalists of papers owned by Alden Global Capital are on the frontlines of the fight for the heart and soul of the news business. From reporters, to photographers, page designers, editors and editorial page editors, Alden’s unmitigated greed has forced them into that role. Continue reading “Statement by Bernie Lunzer on May 8, 2018, Alden Protests”
For Immediate Release: May 7, 2018
Contact: Bernie Lunzer, President,
The NewsGuild-CWA, 202-434-7175
Bill Ross, Executive Director,
The NewsGuild of Philadelphia 267-240-8540
WHAT: Rally outside Alden Global Capital headquarters
WHEN: Noon, Tuesday, May 8
WHERE: The Lipstick Building, 885 Third Ave., New York, N.Y.
May 7, 2018 – Journalists and their supporters will rally outside the New York City headquarters of Alden Global Capital at noon on Tuesday, May 8, in front of the Lipstick Building, 885 Third Ave., to protest the hedge fund’s censorship and pillaging of hundreds of millions of dollars from Digital First Media newspapers, The NewsGuild-CWA announced. Continue reading “Journalists to Rally at ‘Vulture’ Fund’s NYC Headquarters to Protest News Chain Gutting”
May 3, 2018 – The NewsGuild-CWA joins freedom-loving people everywhere on World Press Freedom Day, to honor journalists who put their lives and liberty on the line in search of the truth.
This is truly a dangerous time to be a journalist. As Reporters Without Borders reported last month, hatred of journalism threatens democracies – today even more than it did just a year ago. Continue reading “World Press Freedom Day: Journalists Are on the Front Lines”
By Julie Reynolds
May 2, 2018 – The hedge fund behind draconian staff cuts at Digital First Media newspapers — including The Denver Post, San Jose Mercury News and Orange County Register — cleared $160 million in profits last year, earning the highest margins in the industry, leaked financial documents show. Continue reading “Leaked Financial Report Shows Jaw-Dropping Profits for ‘Outlaw’ Newspaper Owner”
By Julie Reynolds
This article originally appeared on April 27 on the DFM Workers website, News Matters, which is a project of The NewsGuild-CWA.
April 30, 2018 – New York-based hedge fund Alden Global Capital is bearing down on editors as it attempts to censor criticism of its management of the Digital First Media newspaper chain. Continue reading “Hedge Fund Attempts to Censor its Newspapers’ Own Criticism as Outrage, Rebellion Grow”
FOR IMMEDIATE RELEASE
April 26, 2018
Contact: Bernie Lunzer
President, NewsGuild-CWA
202-434-7175
Sally Davidow
202-368-3324
sdavidow@cwa-union.org
April 26, 2018 – The NewsGuild-CWA is outraged by the firing of Dave Krieger, the editorial page editor of the Boulder Daily Camera, days after he posted a column on his blog criticizing the “predatory behavior of private equity investors” that own the paper. Krieger posted the piece after the paper refused to publish it. Continue reading “NewsGuild Condemns Firing of Editorial Page Editor Dave Krieger”
April 12, 2018 – Workers at papers owned by Digital First Media have gotten another boost in their fight against the hedge fund that is decimating their ranks and devastating local journalism. Continue reading “Alden, Digital First Workers Get Another Boost”
