Tag: Tribune

Newsletter: Condé workers make history

Subscribe to the Guild’s newsletter here.

Condé Nast workers made history on Friday: More than 500 staffers at a dozen publications won voluntary recognition of Condé Nast Union. All of Condé Nast publications are now union!

The newly recognized union covers full- and part-time editorial, video and production workers at Allure, Architectural Digest, Bon Appétit, Condé Nast Traveler, Epicurious, Glamour, GQ, Self, Teen Vogue, them., Vanity Fair and Vogue, as well as Condé Nast Entertainment. It also includes more than 100 subcontracted employees who work for a third-party staffing agency.

Continue reading “Newsletter: Condé workers make history”

NewsGuild condemns Tribune hoax

Sept. 24, 2020 – NewsGuild-CWA members at Tribune publications across the country were “aghast at the blatant insensitivity” of a management decision to email employees promising bonuses of $5,000 to $10,000.

Why? Because the employees weren’t about to get bonuses; the email was a stunt to test their susceptibility to phishing scams. Instead of money, the employees were notified they would have to take training on avoiding suspicious links. Continue reading “NewsGuild condemns Tribune hoax”

Alden Global Capital, known for plundering newspapers, plans to expand ownership of Tribune Publishing

For Immediate Release

Contact: Sally Davidow, sdavidow@cwa-union.org

Move is latest Alden ploy in a larger effort to gut newsrooms across the country, detailed in new, comprehensive report

NewsGuild-CWA Outlines Path for Industry’s Survival


Sept. 11, 2020 – Alden Global Capital, the hedge fund known for pillaging newspapers, plans to expand its ownership stake in Tribune Publishing as soon as Jan. 1 and is shifting its business strategy to focus on digital subscriptions, according to internal company documents obtained by DFMworkers.org. Alden currently owns a 32 percent stake in the company and its hand-picked directors hold three of Tribune’s seven board seats. One is held by Alden’s patriarch and founder, Randall Smith. Continue reading “Alden Global Capital, known for plundering newspapers, plans to expand ownership of Tribune Publishing”

Company documents show Alden is overhauling its newspaper strategy after pandemic brings surprise windfall

With plans to own more shares of Tribune by January, hedge fund says the relationship between two chains is “deepening”

By Julie Reynolds

Editor’s note: This article first appeared on DFMworkers.org on Sept. 11, 2020. 

Sept. 11, 2020 – In an abrupt strategy change, hedge fund Alden Global Capital appears committed to staying in the news business, after the pandemic created an unexpected new profit stream, internal company reports show.

The reports, which describe the financial picture of the Alden-owned newspaper chain MNG Enterprises, were obtained by DFMworkers.org after they were distributed at an internal staff meeting last month. Continue reading “Company documents show Alden is overhauling its newspaper strategy after pandemic brings surprise windfall”

Hartford among growing rank of cities demanding answers from Alden Global Capital, ‘destroyer of newspapers’

This article by Julie Reynolds first appeared on the website DFMworkers.org on Aug. 14, 2020.

Aug. 17, 2020 – The City Council in Hartford, Connecticut, has joined Chicago, Denver and other cities by announcing that it is crafting a resolution condemning Alden Global Capital, the vulture hedge fund that has decimated local newspapers across the country. Continue reading “Hartford among growing rank of cities demanding answers from Alden Global Capital, ‘destroyer of newspapers’”

A joint statement on Tribune Publishing’s Annual Meeting of Shareholders

May 22, 2020 – The NewsGuild-represented units of Tribune Publishing issued a joint statement Friday after shareholders approved two permanent additions to the board of directors that consolidated Alden Global Capital’s power over the company. It appears below. Download the PDF. Continue reading “A joint statement on Tribune Publishing’s Annual Meeting of Shareholders”

Employees Decry the State of Journalism at Tribune Publishing; Call on Shareholders to Reject Alden’s Nominees to Board of Directors

May 19, 2020 – Employees at Tribune Publishing are deeply concerned about the direction of the company, according to a survey of Tribune employees conducted by The NewsGuild-CWA last month. [PDF] Continue reading “Employees Decry the State of Journalism at Tribune Publishing; Call on Shareholders to Reject Alden’s Nominees to Board of Directors”

The State of Journalism at Tribune Publishing

Executive Summary

Tribune Publishing employees are concerned about the direction taken by their company and the future of their individual newspapers. To counter profit-driven cuts to newsrooms, journalists at several Tribune properties have joined a wave of union organizing in the media sector. In the past three years, employees at ten Tribune papers have affiliated with The NewsGuild-CWA to gain a voice in their workplaces. [Download the report] Continue reading “The State of Journalism at Tribune Publishing”

Guild to seek sale of Baltimore Sun to local nonprofits

May 1, 2020 – The Washington-Baltimore News Guild and the NewsGuild-CWA are launching a campaign to support efforts to return The Baltimore Sun to local ownership under a non-profit model, reinvesting profit back into the paper that has been Maryland’s news source for nearly two centuries.
Continue reading “Guild to seek sale of Baltimore Sun to local nonprofits”