Journalism advocates are distraught that hedge fund Alden Global Capital is making a bid to acquire the Lee Enterprises newspaper chain. Unfortunately there aren’t many options for blocking the merger because limits on media consolidation have been whittled away by conglomerates and willing regulators.
Seattle Times newspaper in Seattle Washington mondotimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mondotimes.com Daily Mail and Mail on Sunday newspapers.
A streak of great stories about the journalism crisis is appearing lately. I hope members of Congress, who are in the final stretch of writing a budget bill that could help save local newspapers, are reading.