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  • The Atlantic

    The Story of Alden Global Capital Illustrates Deep American Problems

    Readers respond to our November 2021 cover story and more.
    by The Atlantic Dec 21, 2021 4 minutes
    Source: The Atlantic

    The Men Who Are Killing America’s Newspapers

    In November, McKay Coppins wrote about Alden Global Capital, the secretive hedge fund gutting newsrooms and damaging democracy.

    I’m from Chicago originally and still a close reader of the Tribune. It’s astonishing how bad things have gotten for a once-vibrant institution. The pages are thinner. Associated Press wire stories have replaced original reporting. There are spelling errors throughout.

    I keep asking myself one question as more and more local and regional news outlets face cuts or fall completely: How do people know what’s going on in their own backyard?

    I think the answer is that they really don’t, or they get their news from distorted sources. Some of my friends and family’s center-right perspective. Now they get it from national outlets that couldn’t care less about their city.

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