Journalists at The Virginian-Pilot and Daily Press are asking readers not to cross the digital picket line Thursday as they go on strike against "vulture" hedge fund owner Alden Global Capital.
Hampton Roads newspaper staffers are joining a nationwide walkout against hedge fund Alden Global Capital, protesting 'stagnant wages' and deep staffing cuts.
“So many are in this fight.” Journalist union, supporters rally in Virginia Beach in a plea to save local news Lisa Vernon Sparks, The Virginian-Pilot
It was a call to action.
Camped out the lawn at Mount Trashmore Park, some 50 supporters and journalists represented by Tidewater Media Guild rallied in a plea to save local news.
At stake is the future of several Tribune Publishing newspapers in Virginia and elsewhere, including the flagship Chicago Tribune, in the wake of a pending sale to hedge fund Alden Global Capital.
Guild organizers are circulating a petition, which will be posted on the U.S. Securities & Exchange Commission EDGAR website, against the sale. The deal requires an approval from two-thirds of Tribune Publishing’s shareholders.