4 ms·

Does anyone have a TLDR? I love the Atlantic but they assume I have more time than I do.

• nverno 5y ago
  It's a smear piece. There may be some truth to the characterization of people behind the firm, but as a reader it's impossible to know given the animosity of the writers towards their subjects. They claim the vulture capitalists are destroying local news for the sake of profits, while the vultures claim they buy businesses on the brink of destruction and attempt to update their business models/salvage something. The article doesn't delve into the actual economics of any of it, however.
  • jessaustin 5y ago
    If only the victim of this smear had some sort of popular media access...
    • deleted 5y ago
      [deleted]
• Invictus0 5y ago
  Alden buys newspapers, jacks up the subscriptions prices, slowly cuts staff and other costs, and milks the profits as long as possible. Classic corporate raider playbook.
• Tycho 5y ago
  This hedge fund is the second biggest newspaper owner in the country but the founders supposedly rarely show their faces in any newsroom, make no public statements, and one of them hasn’t even been photographed since the 80s. There’s also an implication that they are deliberately destroying the papers for the sake of short term profit, but the business details are a bit sketchy.
• deleted 5y ago
  [deleted]