Except for John Kass and Kristen McQueary.
Posted on 02/05/2020 11:55:55 AM PST by re_tail20
Reporters at the Chicago Tribune are trying to find a new owner for their newspaper.
They're doing it because they're afraid of Alden Global Capital's plans for all of the papers owned by Tribune Publishing.
Alden, a New York-based hedge fund, recently became the largest shareholder in the struggling publishing company. Alden has a terrible reputation in the newspaper industry due to its history of slashing jobs and sucking up short-term profits from other papers it controls.
"We're doing everything in our power to try to stop them," Gary Marx, a 31-year veteran of the Chicago Tribune, told CNN Business.
Over the weekend Marx and another one of the Tribune's top reporters, David Jackson, came out with an op-ed warning about the pernicious influence of Alden. "Unless Alden reverses course — perhaps in repentance for the avaricious destruction it has wrought in Denver and elsewhere — we need a civic-minded local owner or group of owners. So do our Tribune Publishing colleagues," they wrote.
There is a history of local newspaper rebellion against Alden. In 2018 the Denver Post published editorials and columns deriding the hedge fund and calling for a shift to local ownership.
But despite those protests, Alden still controls the Post. Some of the paper's writers and editors left and launched a digital news outlet called the Colorado Sun.
Jackson and Marx are trying a similar tack by seeking out local ownership. They told CNN Business on Monday that they've already been reaching out to potential buyers for the past few weeks. Some of their newsroom colleagues are also involved in this informal effort.
"There have been some expressions of interest," Jackson said.
But "we're not in the deal-making business," Marx added.
So they're not involved in any specific talks — they are just trying to get...
(Excerpt) Read more at edition.cnn.com ...
Learn to code, boys and girls...
Well, you could stop being a propaganda mouthpiece of socialist democrat talking points...and sell more papers.
We are all going to need scuba gear to avoid drowning in liberal tears.
Lol. Newsroom scum.
Why the hell would someone buy a newspaper?
“ Why the hell would someone buy a newspaper”
Maybe they also own a chain of pet stores.
Democrats have no problem sending YOUR job overseas, but when THEIRS is threatened, the evil people must be stopped at all costs! Hypocrisy on display, but then we all knew that already...
“Why the hell would someone buy a newspaper?”
the same kind of people who would snap up all the failing buggy whip makers to “corner the market” ...
So the far Left American Hating Chicago Tribune is going out of business? Good.
One of the Editors, Clarance Page is a coat holder for Obama. Page and the Tribune has not only been extreme far lef,t they are outright anti-American. The Tribune Staff deserves everything they get.
Shut ‘em down and sell the office furniture.
Just die already Tribune....you are a fishwrap.
Gary Marx. Appropriate last name for someone that works at the Tribune.
Except for John Kass and Kristen McQueary.
“Amen. And amen. And amen. You have to forgive me. I’m not familiar with the local custom. Where I come from, you always say “Amen” after you hear a prayer. Because that’s what you just heard — a prayer. Where I come from, that particular prayer is called “The Prayer for the Dead.” You just heard The Prayer for the Dead, my fellow stockholders, and you didn’t say, “Amen.”
This company is dead. I didn’t kill it. Don’t blame me. It was dead when I got here. It’s too late for prayers. For even if the prayers were answered, and a miracle occurred, and the yen did this, and the dollar did that, and the infrastructure did the other thing, we would still be dead. You know why? Fiber optics. New technologies. Obsolescence. We’re dead alright. We’re just not broke. And you know the surest way to go broke? Keep getting an increasing share of a shrinking market. Down the tubes. Slow but sure.
You know, at one time there must’ve been dozens of companies makin’ buggy whips. And I’ll bet the last company around was the one that made the best goddamn buggy whip you ever saw. Now how would you have liked to have been a stockholder in that company? You invested in a business and this business is dead. Let’s have the intelligence, let’s have the decency to sign the death certificate, collect the insurance, and invest in something with a future.”
- Larry “The Liquidator” Garfield from “Other People’s Money” (1991)
Kristen is great. Kasshole is 100% phony. Fake conservative who is good friends with Chicago Dems.
But newspapers are dying all over the country, and for good as well as bad reasons. We here on Free Republic can blame it on their politics and be right some of the time.
In the real world, hardly anyone outside the news business and politicians even cares about what the Tribune and the NY Times and their brethren say in their editorial pages. (It's a given that reporters and most editors are inclined to the left, so who is setting the example?)
Newspapers' influence on elections is diminishing with every passing year. Can you name just a few papers whose editors endorsed Trump in 2018? And that doesn't include the Chicago Tribune, which as I recall favored Gary Johnson last time.
Alternative sources, of all stripes, will eventually predominate in a free market.
Our challenge is going to be keeping it free.
Kass does indeed have a lot connections amongst the corrupt ruling class of illannoy democrat politicians and power brokers. But that’s because he is an investigative reporter...and he is brutal with them. Also, he co hosts a lot of morning conservative talk shows and has always been on our side near as I can tell.
I was a long time subscriber to the Tribune. It really turned in 2008 when the paper went 1000% for Obama. Everything became left wing political. Even the life style and food sections became political. I stopped my subscription in 2009 and never went back.
Today the Trib is in the tank for Jelly Belly Pritzker and Mayor Lighthead. It is sickening.
What papers did to Themselves bodes ill for our country.
Another institution ruined by socialist-libs (dems).
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