The NewsGuild-CWA filed a letter to shareholders with the Securities and Exchange Commission on Tuesday, urging a “no” vote on hedge fund Alden Global Capital’s attempted takeover of Tribune Publishing.
Instead of seeking the best value for Tribune shareholders, the Guild’s letter states, Tribune’s board “excessively focused on a rapid approval of Alden’s proposal, even though a potentially superior offer as well as continuing independent operation present higher value alternatives.”
Continue reading “NewsGuild-CWA issues letter to Tribune shareholders urging a NO vote on Alden takeover”
Today is World Press Freedom Day, and this year’s theme, “Information as a Public Good,” couldn’t be more appropriate. It reflects the severity of the crisis facing journalism and the need to reshape our industry. We cannot let hedge funds and profit-hungry chains run journalism into the ground. News and information are essential to empowering the people to participate in civic life.
Continue reading “Newsletter: The story you’ve always dreamed of telling”
The journalists of the New York Daily News won union recognition in a blowout on Friday, voting 55-3 to form the Daily News Union, a unit of the NewsGuild of New York.
After a year of organizing, they’re eager to get to the bargaining table. And as the newest unionized paper of the Tribune Publishing chain, they will immediately be drawn into the fight against a takeover by Alden Global Capital.
Follow them on Twitter @NYDNUnion or visit their website, NYDNUnion.com.
Updated 6 p.m. April 30
We’ve seen so many impressive logos from our locals and our units over the past several years, and now we’d like to redesign the international union logo.
Continue reading “Help us redesign the Guild’s logo”
Cash-strapped and banished from its luxury offices, Alden Global Capital has crafted a Faustian bargain to buy the publisher
This article first appeared on DFM.workers.org on April 28, 2021.
Alden Global Capital says it can buy Tribune Publishing with surplus cash on hand, but the former New York hedge fund’s merger agreement with Tribune appears to contradict the claim.
Doubts about Alden’s ability to purchase Tribune with cash are reinforced by a costly U.S. Department of Labor investigation, mounting lawsuits over broken lease agreements, and a stealthy exit from the top floor of Manhattan’s glamorous Lipstick Building to an unmarked virtual office in South Florida.
Continue reading “Tribune could take on massive debt to finance its own takeover”
A first-of-its-kind pay equity study of 14 Gannett newsrooms reveals stark pay disparities for women and journalists of color and a workforce whiter than the communities they cover.
The study of nearly 450 employees, conducted by NewsGuild-CWA members, also shows that unions make a difference. Unionized newsrooms with pay scales in their contracts had significantly smaller gender and racial pay gaps than newly organized units with no contracts yet in place, the report shows. With more than 250 publications, Gannett is the largest newspaper chain in the country.
Continue reading “Study shows pay disparities for women and journalists of color as high as $27,000 at Gannett”
More than two dozen Gannett journalists share personal testimonials in the report.
Rebekah Sanders, Arizona Republic Guild Chair
A first-of-its-kind pay equity study of 14 Gannett newsrooms by NewsGuild members sheds light on stark pay disparities for women and journalists of color and a workforce whiter than the communities they cover.
The study of nearly 450 employees also shows that unions make a difference. Unionized newsrooms with pay scales in their contracts had significantly smaller gender and racial pay gaps than newly organized units with no contracts yet in place.
Continue reading “Study shows Gannett underpays women and journalists of color as much as $27,000”
The NewsGuild-CWA Constitution mandates an annual adjustment of per capita dues locals pay to the national union, based on a formula in Article XVIII, Section 6. Beginning May 2021, the monthly per capita rate will be $23.50, an increase of 12 cents over the 2020 rate.
Continue reading “Annual per capita adjustment takes effect in May”
The State News Guild announced Monday that McClatchy, owner of The State newspaper of Columbia, SC, has voluntarily recognized their union.
Continue reading “State News Guild: We won voluntary recognition!”
There is so much amazing news from the last couple of weeks!
First up, about 1,000 workers have gone public with union drives in just the last week!
Continue reading “Newsletter: NYT Tech and Insider make a splash!”