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Orlando Sentinel journalists and members of the community gathered at Lake Eola Park Saturday to demand that Tribune Publishing shareholders vote no on selling to Alden Global Capital. Photo by Alejandra Espinosa.
Orlando Sentinel journalists and members of the community gathered at Lake Eola Park Saturday to demand that Tribune Publishing shareholders vote no on selling to Alden Global Capital.
Tribune owns important news outlets in Orlando and around the country including the Orlando Sentinel and the Sun Sentinel.
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Private investment firm Alden Global Capital a hedge fund based in Manhattan, New York has cut staff at its Media News Group by 76%, according to an article by The Wall Street Journal.
Orlando Sentinel reporters, alumni and readers turned out Saturday to protest Alden Global Capital’s $631 million offer for the newspaper giant, Tribune Publishing, which owns the Orlando paper, the Chicago Tribune, South Florida's Sun-Sentinel and six other dailies.