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Orlando Sentinel sold to vampiric hedge fund Alden Global Capital

Posted By Alex Galbraith on Fri, May 21, 2021 at 1:24 PM click to enlarge Photo courtesy Orlando Sentinel/Facebook Tribune Publishing shareholders voted on Friday to allow the sale of the newspaper chain to the hedge fund Alden Global Capital. The financial company is known for slashing newsroom budgets to the bone in order to extract as much profit as possible from their purchased publications, and they now own storied publications like the Chicago Tribune and Orlando s paper of record, the Orlando Sentinel. The pending sale of the newspaper brought reporters and editors out in droves to protest the idea of being under the yoke of Alden. The Sentinel Guild lobbied local millionaires with pleas to buy out the publication, though that relief did not materialize.

United statesHillary manningDavid folkenflikMary ellen podmolikChicago tribuneSentinel guildAlden globalPatrick soon shiongTribune publishingEllen podmolikஒன்றுபட்டது மாநிலங்களில்ஹிலாரி மானிங்சிகாகோ ட்ரிப்யூன்செண்டினல் கில்ட்ஆல்டன் உலகளாவியட்ரிப்யூன் வெளியீடு

Orlando Sentinel hosts national rally to save local news

Other unions under the newspapers’ parent company, Tribune Publishing, will also be holding their own rallies today. Advertisement The rallies come in the final days before Tribune shareholders are scheduled to vote on May 21 on Alden Global Capital’s bid for Tribune newspapers. The company will be voting on a buyout bid from the hedge fund Alden Global Capital. According to a Facebook post by the Sentinel Guild, “Alden is a hedge fund known for destroying newspapers. It guts newsrooms and shrinks staff to maximize its profits.” The Orlando Guild rally is taking place at Lake Eola Park at 10:00 a.m. and features current Orlando Sentinel journalists and State Representatives.

Orlando guildOrlando sentinel guildSentinel guildTribune publishingAlden global capitalAlden globalLake eola parkOrlando sentinelஆர்ல்யாஂடொ செண்டினல் கில்ட்செண்டினல் கில்ட்ட்ரிப்யூன் வெளியீடுஆல்டன் உலகளாவிய மூலதனம்ஆல்டன் உலகளாவியஏரி எஓல பூங்காஆர்ல்யாஂடொ செண்டினல்

Orlando Sentinel Guild Calls on Community To Support Their Local Paper of Record, Its Staff At Weekend Rally - Central Florida News

4 hours ago by Danielle Prieur (WMFE) Play Audio Photo: Roman Kraft Stay tuned in to our local news coverage: Listen to 90.7 WMFE on your FM or HD radio, the WMFE mobile app or your smart speaker say “Alexa, play NPR” and you’ll be connected. The Orlando Sentinel Guild is calling on Tribune shareholders to vote no on Alden Global Capital’s bid for the paper at a Lake Eola rally on Saturday. Join us in our effort to save the @orlandosentinel! If you’re in Central Florida, please join us at Lake Eola this Saturday at 10 a.m. to demand Tribune shareholders reject Alden Global Capital’s bid and save local news.https://t.co/2DCqCRbCoIpic.twitter.com/NA7c8DxnVp

United statesLake eolaStewart bainumAnnie martinOrlando sentinel guildSentinel guildAlden global capitalCentral floridaOrlando sentinelTribune publishingஒன்றுபட்டது மாநிலங்களில்ஏரி எஓலஸ்டீவர்ட் பைனம்அன்னயே மார்டின்ஆர்ல்யாஂடொ செண்டினல் கில்ட்செண்டினல் கில்ட்

Alternative bidders emerge for newspaper chain Tribune

Alternative bidders emerge for newspaper chain Tribune
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Alternative bidders emerge for newspaper chain Tribune: report

Alternative bidders emerge for newspaper chain Tribune: report
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