Alden Global Capital ’Disappears’ Denver Post Newsroom

https://www.facebook.com/dfmworkers/videos/1783650431692904/

 

March 28, 2018 – Since this photo was taken in May 2013, The Denver Post newsroom staff has been cut by more than half as Alden Global Capital, the hedge fund that owns the paper, rakes in massive profits. And more layoffs are on the way. Continue reading “Alden Global Capital ’Disappears’ Denver Post Newsroom”

Workers of Revolution Messaging Unionize

March 20, 2018 – The workers of Revolution Messaging have formed a union, winning voluntary recognition of their efforts about an hour after they announced their plans. They will join the Washington-Baltimore local of The NewsGuild-CWA, which will represent them in collective bargaining. There will be approximately 60 people in the bargaining unit. Continue reading “Workers of Revolution Messaging Unionize”

After Bankruptcy, Boston Herald Employees Vote Unanimously to Ratify New Contracts

March 20, 2018 – Workers at the Boston Herald voted unanimously to ratify collective bargaining agreements on March 15, following a grueling period of uncertainty and strife that began when former owner Pat Purcell declared bankruptcy on Dec. 8.

The agreements averted major cuts to pay and benefits, which the new owners, Digital First Media, could have imposed on March 19, when their bid to purchase the Herald received final approval from the bankruptcy court. Continue reading “After Bankruptcy, Boston Herald Employees Vote Unanimously to Ratify New Contracts”

Missoula Independent Staff Files for Union

March 20, 2018 – The employees of the Missoula Independent filed a petition with the National Labor Relations Board on March 19 to begin the process of forming a union, the Missoula News Guild Organizing Committee has announced. Support for the filing was unanimous across the staff’s editorial, production and sales departments. Continue reading “Missoula Independent Staff Files for Union”

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”

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”